Concerned about a euro exit, Greeks pull funds from banks
Greece''s president spoke of "fear that could develop into panic" at the country''s banks in the weeks before fresh elections that could precipitate Athens exit from the eurozone.
World stocks fell after Greek politicians failed to form a coalition government and called for new elections, raising concerns among investors that Greece may eventually leave the eurozone.
Asian markets tumbled on Wednesday on worries Greece is edging closer to an exit from the eurozone after week-long coalition talks failed to form a government, with Hong Kong leading the slide by falling 3.1%.