Greek Stocks Head for Lowest Close Since 2012 as Bonds Tumble

Greek equities extended declines, with corporate bonds and government notes also falling, as the nation started an election campaign whose results could determine its membership in Europe’s currency union.

The ASE Index lost 5 percent at 4:20 p.m. in Athens after tumbling 29 percent last year. Greek three-year yields rose 95 basis points today, or 0.95 percentage point, to 13.14 percent. Notes of glass manufacturer Yioula Glassworks SA and electricity provider Public Power Corp. plunged. The euro also declined, sliding as much as 1.2 percent to its lowest level since 2006.