Greece’s Stock Market Crashed 16 Percent Today. Actually, That’s Good News.

Greece's stock market opened for business today after five weeks of suspended trading. As was to be expected, shares fell—a lot—because Greece's economy has been absolutely whomped by the recent fallout from its debt crisis, and it's still not 100 percent certain the country will strike a deal to stay in the eurozone. Initially, the Athens Stock General Index dropped 23 percent, which...ouch.

But then it began to recover, and by the end of the day, it finished just 16 percent lower....

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