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Wednesday, June 17, 2015

Some investors ready to buy euro zone assets, Greek deal or no deal

By Jamie McGeever and Emelia Sithole-Matarise LONDON (Reuters) - The Greek crisis may be approaching its end game but some investors are waiting for the dust to settle and snap up euro zone stocks and bonds - whether a deal to prevent Athens defaulting is reached or not. Failure to reach agreement with international creditors will see Greece default on 1.6 billion euros of debt repayments to the International Monetary Fund due on June 30, a scenario that could ultimately lead to it exiting the euro zone. Euro zone financial markets have gyrated sharply in recent days as the likelihood of default has drawn closer, with Spanish bonds in particular bearing the brunt of the contagion.


READ THE ORIGINAL POST AT uk.news.yahoo.com