Eldorado Gold says Greek mines not affected by bank crisis + MORE Jun 30th

Canadian miner Eldorado Gold Corporation says the financial crisis unfolding in Greece isn’t having an impact on its operations in the country.

The Financial Post’s Kristine Owram looks at some of the day’s top business and financial stories.

Cenovus Energy Inc. has agreed to sell its oil-and-gas royalty business for roughly C$3.3 billion to Ontario Teachers’ Pension Plan. The oil company is selling Heritage Loyalty L.P., which holds about 4.8 million acres in royalty interest and mineral fee title lands, in a bid to cut costs amid dropping oil prices.

Sun Life Financial Inc. is continuing to expand its U.S. operations, agreeing to buy Redmond, Wash.-based investment manager Prime Advisors, Inc. The financial terms have not been disclosed, but Prime had $13 billion in assets under management at the end of May.

CBC.caThe Latest: EU Official: 'Regrettable' No New Bailout GreekNew York TimesATHENS, Greece — The latest news on Greece's financial woes (all times local): ___. 9.35 p.m.. As a midnight deadline closes in, the head of the agency responsible for preserving financial security in the European Union says "it is regrettable" that …Report: Germany rebuffs Greek bid for crisis funds before default deadlineWashington PostEurogroup to discuss Greece at 0930 GMT on WednesdayReutersGreek Voters to Decide on Convoluted Bailout Question July 5Wall Street JournalSydney Morning Herald -Fox News -Los Angeles Timesall 12,284 news articles »

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Having planted a stake firmly in the camp of financial independence, I’m often asked exactly how the phrase “findependence” is different from retirement.
There are a lot of distinctions between the terms, many of them subtle ones. I often say that financial independence means working because you want to, rather than because you have to financially speaking. In the latter case, the situation is akin to the bumper sticker that says “I owe, I owe so off to work I go.”
I may also say that findependence (I’ll use the contraction of financial independence here now) often occurs years if not decades before traditional retirement. There are several early retirement practitioners running websites about how they achieved financial independence in their 30s or 40s, although they usually add that they continue to “work” in the sense of doing some work for money. That “work” will typically be as an independent supplier rather than an employee and may consist of writing books, running web sites and perhaps publicly speaking…