TOKYO—

Global shares rose Wednesday as investors awaited further developments after Greece failed to make a debt repayment due Tuesday. Investors worry a default on its debts will lead Greece to eventually drop out of the euro currency, a move that could potentially set off turmoil in financial markets. But they appeared to be taking a wait-and-see stance.
 
Keeping score

European markets powered back after dropping on Tuesday, with Germany's DAX up 1.1 percent at 11,059.78 and France's CAC 40 gaining 1.1 percent to 4,841.98. Britain's FTSE 100 rose 0.9 percent to 6,577.63. New York looked set to extend gains, with Dow futures up 0.5 percent and S&P futures 0.6 percent higher.
 
Greek debts crisis 

Greek Bank Controls

All banks closed until July 6

ATM withdrawals limited to $66 a day

Foreign bank cards not affected by limits

Stock exhanges closed June 29

Transfering money out of Greece prohibited

Pension payments are exempt from restrictions

Greece's European bailout program ended Tuesday at midnight without an extension or a new deal with creditors and the government failed to make a payment of about 1.5 billion euros due to the International Monetary Fund by June 30.

The IMF's communications director, Gerry Rice, said in a statement that "Greece is now in arrears and can only receive IMF financing once the arrears are cleared.'' A request for new aid from Greece's European neighbors has yet to be decided upon, and Greece's voters will face a referendum on whether to agree to terms set by creditors for further assistance.