European shares surrender weekly gains at Greek impasse

viernes 12 de junio de 2015 12:33 GYT
 

* FTSEurofirst 300 down 0.9 pct

* Greece's Athex drops 5.9 pct

* Falls come in thin volumes

* Profit warning hits Zodiac Aerospace shares (Updates with closing prices, late proposal)

By Alistair Smout and Lionel Laurent

LONDON, June 12 (Reuters) - European shares slid on Friday, evaporating gains since Monday as investors shed risky assets following another week when Greece and its international creditors have been unable to reach a debt deal.

Shares were whipsawed in thin volumes as traders tracked updates on the progress of talks.

Although officials from the European Union and Germany played down the International Monetary Fund's decision to leave talks on Thursday, initially supporting markets, Greece then said it would not cross "red lines" despite the pressure.

Shares jolted into negative territory, with few signs of the breakthrough that is needed to avert a default and Greece's possible ejection from the currency bloc.   Continuación...