Markets slide as fears grow that Greece is close to defaulting on debt
by Graeme Wearden and Helena Smith in Athens from on (#BAEZ)
Collapse in talks with creditors heightens default fears as Greek PM Alexis Tsipras attacks 'five years of looting' under bailouts
Fears 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
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