ECONOMY

Greek shares drop over 3 pct after debt relief frozen

greek-shares-drop-over-3-pct-after-debt-relief-frozen

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]