Greek stocks plunge 7.9 pct, banks tumble 24.3 pct

Economy Tags: Markets
Photo by Can Esenbel [http://www.mundanepleasure.com/]
Photo by Can Esenbel [http://www.mundanepleasure.com/]

Following a nosedive by 8.9 percent last week, the Greek stock market tumbled a further 7.9 percent on Monday amid turmoil in the European markets on global growth prospects and increased domestic risks.

Greek shares continue to be heavily hampered by the lack of progress in discussions with the institutions on the first programme review and a stalemate in the pension reform discussions.

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