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GREEK CRISIS

Europe markets claw back on hopes of fresh talks

Analysts hope that a "Yes" vote in the Greek referendum will lead to renewed negotiations and new govt in Athens

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European markets, with the exception of closed Greece, plunged between 4 and 5 per cent before rallying slightly, leaving losses at a manageable 2 per cent to 4 per cent, so far.

London

EUROPEAN markets, with the exception of closed Greece, plunged between 4 and 5 per cent before rallying slightly, leaving losses at a manageable 2 per cent to 4 per cent, so far. The euro tumbled below 1.10 against the US dollar, a three-week low, but then revived by one cent.

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