Greek Bank Stocks Crash Again Amid Fresh Signs Of Economic Disintegration

Tuesday, August 4, 2015
By Paul Martin

by Tyler Durden
ZeroHedge.com
08/04/2015

After trading limit-down on Monday when Greek stocks opened for trading for the first time since PM Alexis Tsipras called a referendum, shares of Greek banks once again flirted with the daily 30% loss limit on Tuesday as there were simply no bids for a set of institutions that everyone knows is insolvent. Meanwhile, Kathimerini reports that “the state‚Äôs losses from indirect taxes alone in the first couple of weeks of capital controls and the shuttering of banks [amounted to] more than half a billion euros.”

The Rest…HERE

Leave a Reply

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter