FTSE slips 2.6% amid continuing concerns over Greece

The London market lost 2.6% today as world indices were battered by fresh fear over Greece’s debt woes amid concerns that other European nations could be swept up in the crisis.

FTSE slips 2.6% amid continuing concerns over Greece
Tue, 27 Apr, 2010 - 18:13

The London market lost 2.6% today as world indices were battered by fresh fear over Greece’s debt woes amid concerns that other European nations could be swept up in the crisis.

Blue chips dived after ratings agency Standard & Poor’s downgraded Greece’s credit rating to junk status, while Portugal’s debt was also downgraded.

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