Greek fears send European stocks sliding again
Intensifying anxiety over Greece sent European stock markets lower Tuesday, with the new government set on a collision course with creditors over plans to renegotiate its enormous bailout, analysts said. London's benchmark FTSE 100 index of top companies fell 0.99 percent to 6,784.61 points in mid-afternoon trading, as investors also digested data showing Britain's economic growth slowed to 0.5 percent in the fourth quarter of 2014. New Greek Prime Minister Alexis Tsipras unveiled his anti-austerity coalition administration, bringing together his radical left-wing party with a small party on the nationalist right, after a stunning election win that sent shockwaves through Europe. Tsipras declared Sunday that Greece is "leaving behind disastrous austerity" and the so-called troika of creditors "is finished", in reference to the country's international lenders the European Union, the International Monetary Fund and the European Central Bank.