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Greek stock market closes 16.2 percent down

People line up outside a National Bank branch in Athens. Credit: REUTERS/Ronen Zvulun

The Greek stock market, the Athex, has closed 16.2 percent down after it re-opened for the first time in five weeks today.

Early trading saw the main index down nearly 23 percent, with it then recovering a little around midday.

Greece's four biggest lenders, National Bank of Greece, Piraeus Bank, Alpha Bank, and Eurobank fell the furthest, hitting the daily limit of 30 percent down.

Traders had predicted a sharp fall in stock values as a direct result of the index being closed for so long.


RBS blame 'cyber attack' for banking glitch

A fault which left RBS and NatWest customers unable to login to their online banking yesterday has been blamed on a 'cyber attack'.

The banking glitch meant customers could not access their online accounts for 50 minutes Credit: Yui Mok/PA

A spokesman for the bank said: "The issues that some customers experienced accessing online banking on Friday was due to a surge in internet traffic deliberately directed at the website.

"This deliberate surge of traffic is commonly known as a distributed denial of service (DDoS) attack. At no time was there any risk to customers."

RBS online banking glitch fixed after disruption

RBS said it was still investigating the cause of the problem. Credit: PA

A fault which left RBS, NatWest and Ulster Bank customers unable to login to their online banking this morning has been fixed, RBS has said.

The cause of the problem, which lasted around 50 minutes, was still being investigated.

We are aware that some customers experienced issues with online banking this morning.

This has now been resolved and our service is operating as normal. We apologise to those customers who experienced difficulties."

– RBS spokesperson
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