Greek crisis: Stock markets down as Greek deal seems in doubt

 
Billy Ehrenberg
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Greece has been expected to reach a deal with its creditors after 11th hour talks on Monday seemed to yield more common ground (Source: Getty)

European markets have closed lower today as uncertainty grows over the situation in Greece.

Read more: Leaked document shows creditors still at odds with Greece

The worst hit was Greece itself, which was down 1.8 per cent, but the FTSE 100 offered a glimpse of hope – it was up 0.15 per cent.

The German Dax was down 0.58 per cent, the French CAC 0.12 per cent, the Italian FTMIB 0.53 per cent, and the Spanish Ibex 0.56 per cent.

Meanwhile, there are rumours the Eurogroup summit may be delayed as Greek Prime minister Alexis Tsipras continues talks with the country's creditors. A Greek official has said the talks are likely to start later than the 7pm (6pm GMT) start time, with rumours abound the IMF is playing it tough in negotiations.

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Greece has been expected to reach a deal with its creditors after 11th hour talks on Monday seemed to yield more common ground. However, the brinkmanship is still going, with Tsipras criticising creditors and raising doubts over a deal.

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