The Athens Stock Exchange has returned back to 1989 levels amid uncertainty over completion of the first review of the Greek economic adjustment program, intense social reactions to proposed reforms in the social security and tax systems and scenarios over political developments in the country.

Equity prices were falling on Tuesday with the basic share price index down 5.42% standing at 439.08 points at 15:03pm.

The heaviest losses were recorded in bank sector (Eurobank -18%, National Bank -16%, Piraeus -10%).