The recent financial developments have arguably increased the pressure on the Greek economy, after two days of substantial stabilization. The general price index at the Athens Stock Exchange at 14:49 stood at 808.75 points, marking a 4.63% drop, while transactions were valued at 71.29 million euros.
Upon opening the general price index dove by about 9%, with banks dropping by about 22%. Greek bonds are under a lot f pressure, with the yield of the 10-year bond climbing to 10.84%, the 5-year bond to 18.7% and the 3-yeard bond 18.83%.
