Collapse in talks with creditors heightens fears of default as Greek stock market slumps almost 7% on early trading and Germany warns time is running outFears that Greece is close to defaulting on its debt swept European trading floors on Monday morning, after talks between Athens and its creditors collapsed on Sunday.The Greek stock market slumped by almost 7% in early trading, as traders showed alarm that a deal will not be reached before the country’s bailout programme expires on 30 June. #Greece's 2yr yields jump to 28.3% as default risks rise after debt talks collapsed. pic.twitter.com/EXCdYd8WM1 Continue reading...
 |
| READ THE ORIGINAL POST AT www.theguardian.com |
