Falling bank shares prompt coalition to take closer look

PoliticsGreek Politics Tags: Banking, Markets, New Democracy, Tsipras
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

Prime Minister Alexis Tsipras chaired a hastily-arranged meeting of top government officials on Wednesday after a sharp decline in bank shares on the Athens Stock Exchange led to Greek lenders and their difficulties coming under scrutiny.

The meeting was called after the ATHEX bank index closed down 8.78 percent after recovering some of the losses made earlier in the day, when it had dipped by as much as 17.66 percent.

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