Greece's economic sentiment dives in July: IOBE think tank

Greece's economic sentiment hit its lowest level in almost three years in July, hurt by banking restrictions and political uncertainty in the country, a monthly report by the IOBE think tank showed on Monday. The report said that this was the result of unfavorable economic developments following a July 5 referendum Greece held on a cash-for-reform deal, the capital controls the country imposed to avert a collapse of its banks and a wide political uncertainty.