Pressure is building on Greece and its creditors ahead of Thursday’s vital meeting of finance ministers 7.44am BST After yesterday’s plunges, the European stock markets are likely to fall again this morning as investors nervously await developments.With 20 minutes to go, IG are predicting that the FTSE 100 and German DAX will both dip into the red again:“Negotiations have hit rough patches on numerous occasions throughout this process but this is the first time that they appear to have totally collapsed,”“At this stage it is difficult to see how this will be resolved without significant compromises being made, something both sides have absolutely no interest in.” 7.37am BST Good morning, and welcome to our rolling coverage of the Greek bailout crisis and other key events across the world economy, the financial markets, the eurozone and business. Related: Greece talks must yield imminent agreement, says European Central Bank Capital controls for Greece as early as this weekend if no deal on Thurs, reports @SZ @CerstinGammelin http://t.co/xeo2EDaSCb Continue reading...
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