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Europe reduced losses after the Greeks voted 'no'

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European shares recorded losses today after Greece voted "no" in the referendum in the country on Sunday against reform proposals to creditors and the country's Finance Minister Yannis Varoufakis resign.

The pan-European Stoxx Europe 600 index lost about 0.8% in late afternoon trading, while Britain's FTSE 100 fell by only about 0.4 percent.

Other European indexes French CAC was trading lower by 1.4% and the German DAX down 0.9 percent, while the Italian FTSE MIB still traded down about 2.9%.

Similarly, US stocks traded with raznopsosochni movements on Monday amid ongoing uncertainty about the debt crisis in Greece, having recovered most of its losses.

Shares of French, Italian and Spanish banks took blow after concerns about their exposure to the effects of the crisis in Greece.

Shares BMP is targuvasha over 9.6% and Banco Popolare fell more than 5 percent, while BBVA was trading around 2.6% lower.


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