All the latest economic and financial news, including developments around Greece’s debt talks 8.06am BST The Greek people may be losing faith in their government’s strategy, according to a new opinion poll.TV station Skai found that 45% of people agree with the stance, down from over 70% two months ago:@YanniKouts that is more falling apart... 7.57am BST Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.Fears over Greece continue to build, after Athens issued a decree yesterday ordering local authorities to move their cash reserves to the central bank. Related: Athens demands cash reserves from public sector funds The Greece situation is starting to escalate yet again and given the dire situation the country is in, some analysts are already speculating on a third bailout. Greece is in a tough cash position and latest reports suggest Prime Minister Alexis Tsipras has ordered local governments to deposit reserves with the central bank.The situation is very time sensitive at the moment and it seems unlikely we’ll see a solution by the key dates. The issue of a Grexit will also remain on investors’ minds and many will ponder exactly what sort of an impact this would have on the region.Times Business front page: Greek banks 'close to collapse' as debt soars. http://t.co/rXmgGK5cdW by @BrunoBrussels) pic.twitter.com/7zOiQ7PPfv Continue reading...
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