FTSE Drops After Greece Calls Shock Referendum On Cuts Which Threatens To SINK Euro Bailout -- Daily Mail
* FTSE 100 falls 2.6 per cent after opening
* Dax, Nikkei, Dow Jones and Nasdaq also tumble
* 59 per cent of Greeks think deal is 'negative'
* 'No' vote could prompt country's exit from the Euro
* 228-year-old US brokerage MF Global goes bankrupt due to euro bonds
* First Greek referendum since 1974 when monarchy was abolished
* Hopes of Chinese red knight riding to slay euro debt dragon 'misplaced'
* Experts warn of second global recession and social unrest
* Comes as UK growth figures 'better than expected'
Financial markets around the world have tumbled in reaction to the shock announcement that Greece is to hold a referendum on the latest aid package to solve its debt crisis.
The FTSE was down 2.6 per cent , Germany's Dax fell by 4 per cent, the Dow [...]
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