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Greek stock market suffers second day of losses
The Greek stock market is suffering a second day of losses since reopening, with banks shares down the most
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The Greek stock market is suffering a second day of losses since reopening, with banks shares down the most.
The main index was down 4 percent soon after the start of trading Tuesday. It fell 16.2 percent Monday, when it reopened after a five-week closure.
The plunge comes as Greece reels from the impact of limits on money withdrawals and transfers imposed June 29 to avoid a banking collapse as well as uncertainty over its negotiations for a new bailout.
Greece's government is relying on opposition party support for approval of new austerity measures demanded by bailout lenders, following a revolt by nearly one-fourth of its own lawmakers.
Government spokeswoman Olga Gerovasili said the government would not form a national unity government and described early elections as "likely."(+++)
