Vienna stocks drop 3.0pc to below 2,000 points

VIENNA: Austria's ATX index dropped 3.0 percent and to below the 2,000-point mark in early trading on Monday, hit by concerns over the eurozone debt crisis.

The ATX index fell by almost 62 points -- or 3.0 percent -- to 1.984,15 points, the first time it has fallen beneath the 2,000-point mark since July 2009.

Speculation over a potential default on Greek debt held back investors, according to the Vienna stock exchange.

The biggest losses in early morning trading were shown by Raiffeisen Bank International, which was down 7.35 percent at 22.70 euros ($30.80), followed by Erste Group, down 5.65 percent at 20.38 euros.