Markets In Europe Go Nowhere After Greek Debt Talks Go Nowhere

yanni greekGreek new-age musician Yanni

Photo: AP Images

Markets are down slightly across Europe.England’s FTSE 100 is down 0.1%.

France’s CAC 40 is down 0.3%.

Germany’s DAX is flat.

Spain’s IBEX isdown 0.5%.

Italy’s FTSE MIB is flat.

After 11 hours of talks, euro area finance ministers were deadlocked in their talks to come up with a Greek debt-reduction package.  In a statement, they said they’d meet again next Monday.

The euro instantly tanked against the dollar and continues to be near its lows.

SEE ALSO: The Real Eurozone Crisis Is About Much More Than Debt >

Read more: http://www.businessinsider.com.au/greek-debt-reduction-package-talks-fail-2012-11#ixzz2CqbpKcSW

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