BUSINESS

Greek shares drop over 3 pct after debt relief frozen

TAGS: Economy, Markets

Greece shares fell over 3 percent on Wednesday after eurozone finance ministers suspended debt relief measures in response to benefits announced by the government.

The Athens stock exchange closed at 619,19 points, a loss of 3.21 percent as a eurozone spokesman said limited pension hikes and a localised tax break announced last week "appear to not be in line with our agreements."

[AFP]

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