Accounting News – Greek debt crisis: Markets resilient after ‘no’ vote

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BBC states:

“Japan’s Nikkei index rebounded slightly on Tuesday, a day after stock markets had fallen in the wake of Greece’s decision to reject the terms of an international bailout.


The Nikkei closed up 1.3% at 20,376.59.

Stock markets around the world had fallen on Monday in reaction to the “no” vote in Greece’s referendum, but the declines were not as bad as feared.

On Tuesday, Greece is expected to present new proposals at a eurozone emergency summit.
The plan is said to include a demand for Greece’s debt to be cut by up to 30%.”

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