Business Breakdown: Grexit gets closer

Sun, 05 Jul 2015

By Suze Metherell July 6 (BusinessDesk) - The week is set start on a volatile note, as it looks likely Greek voters have rejected austerity measures that would give them access to bailout money. Investors are selling riskier assets in favour of safe havens, which may see the New Zealand stock market sold off amid the uncertainty. With two-thirds of Greece’s referendum votes counted, it looks to have delivered the government a landslide victory, with 61 percent of the country voting to reject the bailout offer. The uncertainty around Gr...

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