Greek default fears weighing on European markets

April 16, 2015 12:32 PM

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KEEPING SCORE: European stocks slipped, with Germany's DAX falling 1.6 percent to 12,033 and France's CAC 40 dipping 0.6 percent to 5,222. Greece's main stock market, which has underperformed most of its European peers this week, was 0.8 percent lower. Britain's FTSE 100 edged 0.4 percent lower to 7,069. U.S. stocks were poised to open lower, with Dow futures and the broader S&P 500 futures down 0.4 percent.

GREEK JITTERS: Mounting fears of a Greek debt default sent the country's borrowing costs in the markets surging higher. The latest jitters were stoked by a report Thursday in the Financial Times that Greece made an "informal approach" to the International Monetary Fund to have its bailout repayments...

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