Following the announcement of the European Central Bank’s decision on Wednesday to restrict the eligibility of Greek bonds used as collateral, heavy losses were recorded at the Athens Stock Exchange at 11.00 on Thursday.

More specifically, the basic share price index was down 5.72%, standing at 799.56 points and turnover was at 25.055 million euros.

The FTSE/ASE Large Cap index for blue chip and heavily traded stocks was falling by 6.85 points, and the FTSE/ASE Mid Cap index was falling by 5.02%.

11 of the stocks traded were rising, 47 were falling and 7 remained unchanged.