- European stock markets mid session: most stocks traded lower on the Greek debt crisis and on election results in Spain
Market news
26 May 2015
European stock markets mid session: most stocks traded lower on the Greek debt crisis and on election results in Spain
Most stock indices traded lower on the Greek debt crisis and on election results in Spain. The Greek government is running out of cash and might not repay the IMF loans in June.
Greece's interior minister Nikos Voutsis said on Greek TV on Sunday that Greece cannot repay the IMF loans on June 05 as the country does not have money.
Greece cannot reach an agreement with its creditors to unlock the €7.2 billion tranche of loans.
The leftist Podemos and center-right Ciudadanos parties won in regional and municipal elections in Spain on Sunday.
Current figures:
Name Price Change Change %
FTSE 100 6,994.57 -37.15 -0.53 %
DAX 11,736.03 -78.98 -0.67 %
CAC 40 5,106.93 -10.24 -0.20 %
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