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FTSE flat as Greek markets re-open

The FTSE 100 begins the week all but unchanged as Greece re-opens trading following a five-week suspension.

GREECE - Greece is not generally regarded as a major player in the EU pork market but its recent economic problems are still having an impact.

The Athens Stock Exchange is set to plunge by as much as 20% on Monday when trading finally resumes after a five-week closure, traders predict.

Greek Prime Minister Alexis Tsipras defends his former finance minister in a row over an "emergency plan" in case of Greece's exit from the euro.

The International Monetary Fund is wary of any financial contribution to a third Greek bailout and is unlikely to provide funds at the first stage.

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