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Athens Stock Exchange Falls as Fear and Uncertainty Grows Over Austerity Measures and Brexit

EU flagThe Athens Stock Exchange (ASE) has been on a rollercoaster ride.
On Monday the ASE fell by 3 percent points.
This is following a turbulent week, when on Friday the ASE saw a plunging dip of 4.18 percent.
The drop represents a notable 4 billion euros in capital losses.
The climate for Greek bonds has also worsened with yields for one-year and three-year government bonds rising by 8.8 percent and 8.2 percent, respectively.
This, along with the dips in the ASE are accredited to the new round of austerity measures Greece is facing along with the global concerns regarding the UK leaving the European Union ahead of the Brexit referendum.
 

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