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30 Jun, 2015

Australian Greek community prepares exodus, sends money home — Sydney Morning Herald

Australian Greek communities are preparing for an influx of migrating relatives as Greece’s economy crumbles and its banks bolt their doors. Global sharemarkets suffered from panic selling on Monday in the wake of Greek Prime Minister Alexis Tsipras pulling out of negotiations late last week for emergency funding in order to put the options to a referendum. Almost $40 billion was wiped off Australian equities markets on Monday, in the exchange’s biggest one-day fall since early May.

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