Markets

Athens stocks plunge 6pc on Greek default fears

Published June 12, 2015 Updated June 12, 2015 02:29pm

1 min

By Shoaib Ur Rehman

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ATHENS: Athens' main stock index on Friday plunged 6.06 percent a half-hour from closing amid reports that senior eurozone officials have discussed the scenario of a default by Greece if talks with its creditors fail.

The Athex composite tumbled to 773.24 points after eurozone officials confirmed they had begun discussing the consequences of Greece not meeting its debt payment, an event that could send it hurtling towards a messy euro exit.

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