Markets slide as Greece demands end to creditor 'looting'

Collapse in talks with creditors heightens fears of default as Greek stock market slumps almost 7% on early trading and Germany warns time is running out
Fears that Greece is close to defaulting on its debt swept European trading floors on Monday morning, after talks between Athens and its creditors collapsed on Sunday.The Greek stock market slumped by almost 7% in early trading, as traders showed alarm that a deal will not be reached before the country’s bailout programme expires on 30 June.C