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Greek bonds, stocks dive again on fears of debt default

With new finance minister favouring default, markets see a struggle between Athens and Brussels

Greece's new finance minister Yanis Varoufakis (centre) has been arguing since the beginning of Europe's debt crisis that Greece should default while staying a member of the euro area.


GREEK bonds and stocks plunged for a second day amid concern that the nation's new government will clash with euro-area finance ministers over its funding needs.

While finance chiefs from the 19-nation euro area on Monday signalled their willingness to do a deal with Greek