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FTSE blog: Markets record further losses

European markets continued to fall today as concerns about Greece remain high on the agenda.

At close, the FTSE 100 was down 1.2 per cent to stand at 5338.38. The German Dax and the French Cac 40 were both down over 1.2 per cent.

Greece announced yesterday that is set to hold fresh elections on June 17. Council of State president Panagiotis Pikramenos will head the caretaker government until the election.

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  1. As sure as night follows day, Greece will exit from Eurozone and the sooner it happens the better. Yes it will create market down turns and cause banking problems all over. However like everything else in life, dealing with the unknown is so much harder than knowing whats going on and taking actions to come to terms with and then deal with it. They should now take a leaf out of the Nike book and “Just do it”

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