Greece ETF Tumbles 10% on Debt, Budget Woes
October 31, 2012 at 11:50 AM EDT
Global X FTSE Greece 20 (NYSEArca: GREK) was the steepest decliner among unleveraged ETFs on Wednesday morning as the fund dropped 10% on renewed fears over the European debt crisis and the country’s precarious financial situation. National Bank of Greece (NYSE: NBG) plunged more than 20%. The...