European shares eased on Monday in response to on-going concerns about the Greek debt situation

Craig James

CommSec

European shares eased on Monday in response to on-going concerns about the Greek debt situation. The FTSEurofirst index fell 0.2% from seven-year highs while the Greek banking index fell almost 10%. The German Chancellor also called for Greece to give more details about proposed reforms it has promised in exchange for an extension of bail-out funds. The German Dax rose by 0.1% to record highs while the UK FTSE fell by 0.1%. Mining shares were lower in London trade with BHP Billiton down by 1.3% while Rio Tinto fell by 1.2%.


Craig James
Craig James
Chief Economist
CommSec

I am married with three children (all in their 20s) and currently live in Huntleys Cove in the inner west of Sydney. Chief interest is athletics and trying to keeping up with the children.My current role is Chief Economist, Commonwealth...

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