More falls: The FTSE 100 index of leading shares opened down 2 per cent this morning on news that the IMF is paving the way for Greece to default on its debtMarkets Set For Rollercoaster Ride As IMF Works On £2.6 Trillion Eurozone Bailout Plan To Allow Greece To Default 'On Half Its Debts' -- Daily Mail
* FTSE opens down 90 points but then rallies as investors speculate on plan
* Current threat 'worse than crisis in 2008'
Stock markets across the world are set for a period of further volatility as details of the IMF's plan to save the European single currency emerge.
Greece could be allowed to default on up to 50 per cent of its debts as part of the £2.6 trillion plan, it has been claimed, in news that has left investors jumpy.
This morning the FTSE 100 Index opened below 5000, after a drop of more than 90 points, but later recovered to stand 52 points higher at 5118.7.< [...]
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