05-06-2015 18:49 via news.yahoo.com

European stocks slide with Greece still on the brink

European stock markets closed lower Friday as investors reacted to Greece delaying a debt repayment and to Athens' stalled negotiations with creditors. The European single currency dropped to $1.1117 from $1.1239 late in New York on Thursday, in the face of a stronger dollar reinvigorated by better-than-expected job creation in May. Greece bought time in debt crisis negotiations with official creditors when it moved late Thursday to bundle four looming IMF loan payments into one, postponing
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