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The Athens’ Stock Exchange collapsed after the warnings of Brussels for the catastrophic state of the Greek economy, which caused panic among the investors. The index fell with 5% for a day and ended at 2.199,53 points. The large business suffered the greatest losses of 5,70%, the middle business lost 4,55% and the small companies became 4,32% cheaper. Like this in only one day the Stock Exchange lost all of its profit for the year 2009.

By lines of business the collapse was most painful for the banks who lost 7% of the value of their shares, the insurance companies who registered a decrease of 6,83% and the technological companies ended with 6,40% losses. 26 of the companies registered on the Athens’ Stock Exchange increased the price of their shares, 24 companies kept the price with no change and the price of 188 companies dropped drastically.

The greatest loss suffered Eurobank whose shares’ price dropped with the breaking 8,04%. Next is Alpha Bank whose shares dropped with 7,47% and the National Bank of Greece with loss of 7,21%. The panic of the investors was felt also on the stocks market.

The investors climate was negative in the rest of the Stock exchanges as well. In London FTSE the index dropped with 1,39%, in Paris SAS-40 there was a decrease of 1,22% and in Frankfurt DAX ended with a decrease of 1,36%. On the other side of the ocean on Wall Street the prices of futures were also decreasing.