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Greek Bank Stocks Are Getting Crushed for the Third Straight Day

Greek banks extended a rout that has wiped out more than half their value this week, sending the nation’s stocks lower for a third day.

Piraeus Bank SA and Alpha Bank AE plunged at least 29 percent, while Eurobank Ergasias SA plummeted 15 percent. National Bank of Greece SA climbed 2.3 percent, rebounding after a 50 percent tumble in two days. While about half of the 60 stocks listed on the benchmark ASE Index climbed, the lenders’ losses dragged the gauge lower.