Greek stocks plunge 6.84%
- Published: 25 Jun 2012 at 21.59
- Online news:
ATHENS, June 25, 2012 (AFP) _ Greek stock closed down 6.84 percent at 566.79 points on Monday in line with declines on other European markets ahead of a key EU summit where Greece is to request revisions to its bailout deal.
Banks were hard hit as the prospect of a showdown between Greece and its creditors worried investors, with shares in top lender National Bank of Greece dropping 14.97 percent and the second biggest bank Alpha down 18.40 percent.
Greece's newly-elected government wants the bailout conditions eased, including a delay in a deficit reduction deadline to 2016 from 2014.
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