Greece's stock market re-opens almost 23% down after five-week suspension

Greece's stock market re-opens almost 23% down after five-week suspension
Copyright 
By Euronews
Share this articleComments
Share this articleClose Button

Greece’s stock market fell sharply on Monday after being shut down for five weeks under capital controls imposed by the government in Athens to stop

ADVERTISEMENT

Greece’s stock market fell sharply on Monday after being shut down for five weeks under capital controls imposed by the government in Athens to stop a flight of euros from the country.

The main index was down nearly 23 percent in early trading. National Bank of Greece, the country’s largest commercial bank, was down 30 percent, the daily limit.

Trading could be suspended once again today if the initial losses continue.

Share this articleComments

You might also like

Credit Suisse to borrow €51 billion from Swiss central bank

US stocks record best day in over two years due to hopeful inflation data

EU too severe on Greece over debt crisis, former Commission President Jean-Claude Juncker concedes