FTSE slumps to three-month low

London’s blue chip index slumped to a three-month low today after being dogged by fresh fears that Greece would default on its debts.

FTSE slumps to three-month low
Mon, 20 Jun, 2011 - 18:58

London’s blue chip index slumped to a three-month low today after being dogged by fresh fears that Greece would default on its debts.

EU finance ministers said they will not give Greece the latest €12bn instalment of its emergency loan until it agrees to tough austerity measures, raising uncertainty over its economic stability.

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