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Greek stocks plunge again as bond yields climb to new high amid political turmoil
Following a modest drop of 1 percent on Wednesday, the Greek stock market plunged 7.35 percent today amid elevated investor concerns related to developments on the domestic political front.
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Greek stocks post second highest drop on record over political concerns
The government’s sudden decision to bring forward the presidential ballot by two months proved a negative surprise for the domestic stock market and investor sentiment was seriously damaged.
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Nervous markets subject Greek stocks and bonds to a hammering
In the wake of discussions about an early Greek bailout exit and increasing evidence that Greece could be heading to early elections, the Athens Stock Exchange remained extremely nervous on Wednesday tumbling by 6.3 percent at the closing.