National Bank Leads Greek Stocks Lower at Start of Athens Trade
By Maria Petrakis -
2011-11-01T08:38:24Z
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 (ETE), the largest bank, lost 15 percent to 1.47 euros while EFG Eurobank Ergasias SA (EUROB), 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
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.