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Markets shaky, euro dips following French and Greek votes

Greek and French election results rattled investors on Monday by undermining confidence in the region's plans to cut spending and tackle its debt crisis, sending the euro to a three-month low.

(REUTERS) PARIS - Greek and French election results rattled investors on Monday by undermining confidence in the region's plans to cut spending and tackle its debt crisis, sending the euro to a three-month low.

European shares also traded lower, with Greek stocks down 6.4 percent.ATG, but reaction was muted with the UK market closed for a holiday.

Investors sold the bonds of other weaker euro zone members after the two pro-bailout parties in Greece failed to win a parliamentary majority, rekindling fears over the country's future in the single currency.

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File:Parsin Gas and CNG Station in Karaj-Qazvin Freeway, Iran ...

Gas stations in many Iranian cities had trouble supplying fuel earlier in the week in what was a suspected cyberattack on the fuel distribution system. One Tehran daily on Thursday blamed Israel, which may have carried out similar acts in past years, to weaken Iran's hostile regime.

The incident reportedly disrupted the credit and debit card payments system this time, forcing users to pay cash and higher prices, the London-based broadcaster Iran International reported.


Though state officials didn't publicly accuse anyone specific, they did say perhaps this and other attacks had been planned for October, to "anger people" on the anniversary of the anti-government protests of 2019.

Khamenei, where's our gas?

Cheeky slogans were spotted Tuesday in different places in Iran, including electronic panels over motorways. One of them read "Khamenei, where's our gas?"


Iran International reported that Tehran-based news agency ISNA posted, then deleted, a report on drivers also seeing the message "cyberattack 64411" on screens at gas stations, purported to be the telephone number of the office of Iran's supreme leader, Ayatollah Ali Khamenei.

A member of parliament's National Security Committee, Vahid Jalalzadeh, said the attack had been planned months ahead, and had inflicted "grave losses," Iran International and domestic agencies reported Thursday. The conservative Tehran newspaper Kayhan named "America, the Zionist regime and their goons" as the "chief suspects" in the attack.

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