ATHENS: Greek bank shares on Tuesday (Wednesday in Manila) took a battering for a second straight day, but Finance Minister Euclid Tsakalotos insisted Athens and its creditors could reach a deal on a mammoth new bailout in time for a huge debt payment due this month.

The ATHEX index finished the day down 1.22 percent after suffering its steepest ever fall of 16.32 percent on Monday when trading resumed after a five-week shutdown imposed amid the country’s debt crisis.

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