The stock exchange index dropped by over 5 percent after Prime Minister Alexis Tsipras told the parliament that he intends to fulfil his electoral promises regarding the anti-austerity measures, according to the media.
Tsipras declared that while Greece will honor its debts, it won’t affect the anti-austerity course of the new government. The prime minister also asked the EU for additional funding to help prevent a default.
The 5.38 percent index plunge reflects investors’ fears that Greece’s reluctance to seek a bailout extension may ultimately result in the country’s exit from the Eurozone.
Eva Kaili, an EU Parliament member, has told Sputnik that people want new productive European model.