How is the Greece Crisis affecting the stock market?

€2 billion Treasury Bills due
Friday, 10 July 2015

A large bill for maturing treasury bills. Greece will need to refinance before this date to make the payment.

You can watch how the Greek markets are doing on our dedicated Greek Markets page.

€450 million IMF payment due & meeting of Eurozone Finance Ministers
Monday, 13 July 2015

The only payment due to the International Monetary fund in July, but a sizeable chunk of change.

Our Forex Cross Rates page will keep you up to date with a basket of currencies.
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Samurai loan payment due
Tuesday, 14 July 2015

Greece need to find 11.7 billion yen (about €86 million) to pay back a Japanese loan.

EURJPY could be a good thing to watch today.

Meeting of ECB Governing Council
Thursday, 16 July 2015

The meeting is scheduled to discuss monetary policy and will take place in Frankfurt. There will be a press conference following the meeting.

Keep an eye on FTSE 100, DAX and the Euro during the press conference.

Interest due on Government bonds
Sunday, 19 July 2015

€225 million in interest payments is due today.

As the situation progresses the ADVFN Newspaper will add new articles about the Greek debt crisis.

Government bonds mature
Monday, 20 July 2015

One of the largest amounts on the horizon for Yanis Varoufakis and Alexis Tsipras.

Another day for keeping a close eye on the FTSE 100, DAX and the Euro.

Greece people vote "No" to austerity measures
Friday, 10 July 2015

The embattled Greek governemt vote to accept further draconian spending cuts of €13 billion in return for $50 billion in funding.

Greece people vote "No" to austerity measures
Monday, 6 July 2015

The people of Greece have voted against proposed austerity measures, choosing to default on their loan from the IMF. it is unclear at this point what the future holds for Greece, but a return to the drachma seems increasingly likely.

Greece Defaults on €1.6 billion IMF loan
Wednesday, 1 July 2015

Greece is "in arrears" on its loan repayments to the IMF. What this means for the future of the EU, the Euro and Greece's involvement in either is not yet clear. Lou Gutheil tries to look at Greece from a common sense perspective. One thing seems certain, time is running out.

Euro vs Dollar dips below 1.1
Tuesday, 30 June 2015

The Euro vs Dollar exchange rate dipped below 1.1 overnight, but has since pulled back slightly. More on the Greek debt crisis and the markets from Fiona Craig.

FTSE 100 opens down 150 points
Monday, 29 June 2015

The FTSE 100 opened down nearly 150 points (2.2%) this morning on news over the weekend that a referendum will take place on 5 July to allow the Greek people to decide on the nation's creditor terms.

Greek parliament approves referendum, banks to stay shut
Sunday, 28 June 2015

The Greek parliament have approved the referendum with a 178 votes to 120 meaning the Greek people will go to the voting booths on 5 July to decide their country's fate.

To avoid a run on the banks, Greek Prime Minister Alexis Tsipras has announced all banks in the country will stay shut until 7 July.

Referendum on bailout terms called
Saturday, 28 June 2015

In a bid to break the deadlock and buy some more time, Alexis Tsipras has called for a referendum on bailout terms, allowing the Greek people to decide their own future in the ancestral home of democracy.

Lack of clarity holding markets back
Friday, 19 June 2015

Whether Eurozone authorities choose to boot Greece out of the treehouse or carry on picking up the tab every time they head towards default, they need to make a decision and stick to it says David Buik, senior market commentator for Panmure Gordon in an article for the the ADVFN Newspaper.

Anti-bailout radical left Syriza party come to power
Sunday, 25 January 2015

The Coalition of the Radical Left (Synaspismós Rizospastikís Aristerás in Greek), also known as Syriza win the most votes and form a coalition government with ANEL, the Independent Greeks.

Snap general election announced
Sunday, 29 December 2014

Political uncertainty and the rejection of the ruling coalition's candidate for presidency cause a new election to be announced.

Tom Winnifrith calls for Greeks to stop paying tax
Monday, 2 July 2012

Market commentator Tom Winnifrith puts forward his views on Greek taxation in an article entitled "Why Greeks should not pay tax & Evil Knievil’s false assumptions".

Greek's vote to back bail out
Monday, 18 June 2012

The centre-right New Democracy party, led by Antonis Samaras gain the largest vote share with 29.5% with the pro-bailout socialists and former governing party Pasok on 12.3%. More information about the June 2012 election can be seen here.

General election leads to no new government
Sunday, 13 May 2012

The election is categorised by gains for anti-austerity political parties. Despite attempts by President Karalos Papoulias to help form a coalition government no group emerges. New elections are scheduled. Clem Chambers, ADVFN's CEO, provides further breakdown of Euro crisis events during May 2012.

Second bailout package finalised
Tuesday, 21 February 2012

A new package, extended to €130 billion, is agreed upon.

Anti-austerity rally turns to riots and looting
Sunday, 12 February 2012

A new program of austerity is passed by the Greek government with a healthy majority leading to riots and looting in Athens and other Greek cities. The new austerity measures are designed to appease the EU & IMF, allowing for loans covering 2012-14's financial needs.

EU loan rates cut and repayment periods extended
Thursday, 21 July 2011

The period for loan repayments is extended from 7 to 15 years and intereste rates cut to 3.5% to help keep Greece afloat.

Trade unions organise 48 hour strike
Monday, 27 June 2011

$28 billion of additional spending cuts designed to appease the EU & IMF are met with widespread disapproval from the Greek public. A 48 hour strike goes into effect. Despite this, the new austerity measures are passed by parliament vote with a very slim majority, 155 to 145.

Greek debt rating lowest in the world
Friday, 3 June 2011

Standard & Poor's lower Greece's sovereign debt rating to CCC whilst the EU & IMF call for further austerity measures. Falling tax revenue make fiscal targets increasingly hard for the Greek government to hit.

Loan details finalised
Sunday, 2 May 2010

A three year loan package totalling €110 billion is finalised. High interest rates of 5.5% are applied. The loan is conditional on austerity measures being properly implemented. The austerity plans are not met with enthusiasm from the Greek public.

Austerity measures announced
Saturday, 1 May 2010

Greece uses May Day to send Germany a signal that it is willing to make changes in return for the agreed EU & IMF loan.

Greek credit rating slashed by Standard & Poors
Wednesday, 27 April 2010

A tough day on the stock market with big falls in share prices following Standard & Poor's announcement that Greece's Sovereign Debt rating is cut to BB+. Government bond yields rise considerably, reaching a peak of 15.3%.

Greek government requests bailout from EU & IMF
Friday, 23 April 2010

Greece formally puts in a request for a loan of €45 billion to aid their recovery following the financial crisis.