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London's main shares slipped into the red on Tuesday as investors took fright at disappointing UK growth figures and amid renewed fears that Greece could exit the eurozone. Greek Prime Minister Alexis Tsipras spooked the financial markets by naming outspoken economist Yanis Varoufakis as his finance minister in a clear signal his anti-austerity cabinet will take a hard line in renegotiating its 240-billion-euro EU-IMF bailout. "Syriza is already delivering on some of its promises by streamlining the Greek government to a 10-minister cabinet," said analyst Connor Campbell of Spreadex trading firm. "Provocative finance and foreign minister appointments showed that, for now, Syriza is not going to back down from the radical reforms the party want to see in Greece, even if this sets them on a collision course with the ECB (European Central Bank), the IMF (International Monetary Fund) and the European Commission," he said.
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