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Greek markets tumbled Feb. 9 after Prime Minister Alexis Tsipras stuck to his commitment that he will refuse to accept an extension of Greece’s international bailout, heightening investor fears that the country could default on its debt or exit the Eurozone.

The turmoil in Greece cast a shadow over markets elsewhere, with European stocks pulled sharply lower and U.S. markets extending the decline.

The moves came after Mr. Tsipras said Greece will seek a bridge loan until June, rather than seek the continuation of the aid program demanded by European partners, ahead of a crunch meeting with European finance ministers on Feb. 11.

The post Wall Street Journal: Greece’s Market Shadow appeared first on The National Herald.

Source: The National Herald
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