Traders seeing Greek tragedy unfold across world bourses
The continued political stalemate in Greece triggered more heavy falls for world markets yesterday.
More than £28billion was wiped from the value of the FTSE 100 index after Greek President Karolos Papoulias was unable to broker a deal as the anti-bailout Radical Left Coalition party refused to join a coalition government.
Britain’s leading share index fell 2%, or 110 points to 5,465.5, meaning the UK’s top 100 companies have lost £90billion in the past two weeks.
For the full story, pick up a copy of today’s Press and Journal or read our digital edition now.