Bloomberg News

National Bank Leads Greek Stocks Lower at Start of Athens Trade

November 01, 2011

Nov. 1 (Bloomberg) -- Greek stocks slumped in early trading on the Athens exchange today after Prime Minister George Papandreou called a referendum on the European Union’s second bailout for the country.

National Bank of Greece SA, the largest bank, lost 15 percent to 1.47 euros while EFG Eurobank Ergasias SA, the second-largest, fell 21 percent to 54 cents. The benchmark general index declined 6.8 percent to 753.98 at 10:37 a.m. in Athens.

To contact the editor responsible for this story: Maria Petrakis at mpetrakis@bloomberg.net


Too Cool for Crisis Management
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus