Brokerage exits Greek stock market, credit insurer reviews [now pulls] cover for exports to Greece

The unravelling of the Greek economy’s infrastructure continues, with the brokerage firm Newedge informing clients that it will only process sell orders on Greek shares and will not extend margin loans on positions in Greek securities (Financial Times), and (more ominously) the large credit insurer Euler Hermes stating that it is reviewing coverage for exports to Greece (Bloomberg).

UPDATE 30 May 2012: Euler Hermes pulls cover on exporters to Greece

See also: A Eurozone exit: forex traders and retailers prepare

How would Greece actually carry out a Eurozone exit?

A Eurozone exit: Legal implications for companies and businesses