FTSE plummets further as Greece dominates markets

The top share index in the UK was rocked further by the plight of Greece as investors continued to speculate about how long the country would remain in the euro. By the close of trade, the FTSE 100 was lower by 1.24 per cent ending at 5338.

Greece's ongoing limbo status weighed heavily upon the markets, with politicians openly speculating for the first time about whether the country would stay in the euro and even whether the single currency would survive. New elections have been set for 17 June and left wing party Syriza, who are against the austerity measures are expected to secure a large portion of the votes. Elsewhere in the EU, leading figures have been re-asserting their desire for Greece to stay in...