Greek stock market falls (AP)

Athens – Athens Stock Exchange shares are plunging, with a decrease of 4.8 percent to levels not seen since the mid-1990s, the general price index.

The overall index stood at 1, 011.70, as global stock markets continued their recent slide after the breakdown of the debt of the United States Friday by Standard & Poors.

Debt-ridden Greece became the first EU country to seek a bailout International last year, when he saw his recruitment costs spiral out of control as investors doubted the country would repay debts.

The financial crisis has also affected other countries in the eurozone, Portugal and Ireland also receive bailouts.

Sunday, the European Central Bank said it will implement a program to buying bonds to calm investor worries that Italy and Spain will not be able to pay their debts.

View the original article here

Posted in: falls,Greek,market,stock