Dow, Nasdaq and S&P suffer heavy losses and follows even bigger falls across Europe as debt drama intensifies
Journalism
Polarising effects of Greece bank closures felt by businesses
While shopkeepers, bar and restaurant owners struggle to make ends meet before banks reopen, supermarkets and petrol station owners see roaring trade
Shares slide as deepening Greek crisis shakes global markets
Stock markets tumble around the world as Athens closes banks for a week and orders capital controls
World stock markets tumble as Greece crisis deepens
Share prices slump after Athens orders banks shut until after Sunday’s snap referendum, with stock exchange closed on Monday and ATM withdrawals limited to €60
Greek banks to stay closed on Monday
A meeting of the Greek financial stability council makes decision on day ECB freezes its funding for the banking sector
Greek referendum call prolongs political uncertainty and raises capital fears
European Central Bank may now cut off flow of cash to Greece altogether once current bailout programme expires on Tuesday
Greeks mistrust EU, EC, ECB – but retain some faith in the euro
Many people have grave doubts about the economic and political partnership that gave rise to the single currency
Greece’s rich: insulated against an EU exit
Greek CEOs joined the ranks of demonstrators fearful of departing the eurozone, but many of the country’s wealthy have already moved to cut their losses
Why has Greece only now included defence cuts in its Brussels proposals?
Athens has been in no hurry to put military spending on the table, but then neither have its creditors, including its main European arms supplier – Germany
Tax matters – Greece bailout deal hinges on collection rates
Agreement with creditors relies not just on reformed tax rates but collection rates with Athens losing 6% more of GDP to evasion than OECD peers