Premarket: Few signs of market panic as Greece nears default

June 30, 2015 9:10 AM

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Eurozone stocks, low-rated bonds and the euro weakened on Tuesday as Greece looked set to default on a repayment due to the International Monetary Fund and to plunge deeper into financial crisis.

There was little evidence of panic, however, with investors pointing to Europe’s improved ability to fight financial contagion since the height of the euro debt crisis in 2011.

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