A mortgage lender would not extend further credit to a customer with no income, negative equity and three months' mortgage arrears, yet Greece has made no repayments to its successive bailouts whilst the EU looks at providing a further $89 billion. Germany looks at cutting the losses
Read moreA summit due to be held today including European Union leaders with regard to the Greek debt crisis has been canceled at the last minute, whilst talks resumed at 9,00am GMT
Read moreThe social investment network is imposing a cap of 1:100 on maximum leverage for trades with all instruments.
Read moreAlexis Tsipras is looking at desperate austerity measures to keep Greece in the EU. If Greece leaves, the ECB and IMF will never receive any repayments on the 394 billion euro debt owed by Greece, however if it stays, the Greek population will likely go against any austerity measures, and the Syriza party may look for further bailouts from Europe
Read moreLeverage on all positions with EUR and JPY pairs, as well as with GBP/USD and AUD/USD, will be capped at 50:1 starting from Friday.
Read moreFrom Friday 18.00 (GMT), the margin required to maintain a position with any instrument will be raised two times.
Read moreAs of Friday 10th July, Hantec Markets will double its margin requirements as a result of market uncertainty created by the Greek situation
Read moreFormer Leader of the House of Commons William Hague predicts that the Greek debacle is only the start of a fiscal catastrophe across the Eurozone, and that Spain and Italy are next as Britain's economy flourishes. He likens Greece to a burnt out room in a burning building
Read moreBanks will remain closed and capital controls in place in Greece until Wednesday this week as firebrand prime minister Alexis Tsipras attempts to retain the Euro. With debt to GDP ratios high in many other EU member states, the effect of an unpaid 345 trillion euro debt to the ECB looks likely to become his legacy
Read moreESMA agrees to renewal of short selling ban by Greek HCMC
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