Greek stock market opens 23 percent down after five-week shutdown / Greece’s battered economy threatens to sink further

Greece's stock market fell sharply on 3 August 2015 after being shut down for five weeks under capital controls imposed by the Greek government to stop a flight of euros from the country.

The main index .ATG was down nearly 23% in early trading, although by the end of the day the overall fall was just over 16%.

• Primary Source

EurActiv, 03.08.15: Greeks brace for stock market losses after five-week shutdown http://www.euractiv.com/sections/euro-finance/greeks-brace-stock-market-losses-after-five-week-shutdown-316755

EUObserver, 03.08.15: Athens stock exchange to reopen https://euobserver.com/economic/129816

ESO: Background information: Greece's Tsipras seeks control over party with emergency congress. IMF 'will not join Greece bailout until debt concerns are addressed' http://www.europeansources.info/record/greeces-tsipras-seeks-control-over-party-with-emergency-congress-imf-will-not-join-greece-bailout-until-debt-concerns-are-addressed-tsipras-says-greece-in-final-stretch-for-deal-with-creditor/

The Guardian, 03.08.15: Greece stock market nosedives after five-week shutdown http://www.theguardian.com/business/2015/aug/03/greece-stock-market-nosedives-reopening

Euronews, 03.08.15: Greece’s stock market re-opens almost 23% down after five-week suspension http://www.euronews.com/2015/08/03/greece-s-stock-market-re-opens-almost-23-percent-down-after-five-week-suspension/

BBC News, 03.08.15: Greek shares plunge as market reopens http://www.bbc.co.uk/news/business-33754005

Kathimerini, 03.08.15: Greece's battered economy threatens to sink further http://www.ekathimerini.com/200195/article/ekathimerini/business/greeces-battered-economy-threatens-to-sink-further

ESO: Background information: The Greek debt crisis: Key sources http://www.europeansources.info/record/the-greek-debt-crisis-key-sources/

ESO: Background information: Tsipras asks for new bailout deal http://www.europeansources.info/record/tsipras-asks-for-new-bailout-deal/

EurActiv, 03.08.15: After five-week shut down, Greek shares plummet http://www.euractiv.com/sections/euro-finance/after-five-week-shut-down-greek-shares-plummet-316772

Kathimerini, 03.08.15: Bank chips inflict record ATHEX fall http://www.ekathimerini.com/200204/article/ekathimerini/business/bank-chips-inflict-record-athex-fall

Politico, 03.08.15: Ouch! Greek Bourse reopens with 23 percent fall http://www.politico.eu/article/ouch-greek-bourse-reopens-23-fall-greek-crisis-market-stock/

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