Economics

European Stocks Tumble Most in Eight Months With Greece on Edge

Euro Erases Losses Against the Dollar

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European stocks slumped as Greece teetered on the brink of default after bailout talks fell apart.

The Stoxx Europe 600 Index slid 2.7 percent to 386.17 at the close of trading, after losing as much as 3.2 percent. While the Athens Stock Exchange stayed shut, peripheral equities plunged. Spanish, Italian and Portuguese shares slid at least