Greek markets battered by euro uncertainty

A blind demonstrator shouts slogans through a megaphone outside the interior ministry during a protest demanding welfare payments, in Athens, Thursday, May 24, 2012. People with disabilities have not received government welfare payments for two months. Greece has been caught in an acute financial crisis for two and a half years, and has only avoided bankruptcy through international rescue loans. (AP Photo/Petros Giannakouris)

A blind demonstrator shouts slogans through a megaphone outside the interior ministry during a protest demanding welfare payments, in Athens, Thursday, May 24, 2012. People with disabilities have not received government welfare payments for two months. Greece has been caught in an acute financial crisis for two and a half years, and has only avoided bankruptcy through international rescue loans. (AP Photo/Petros Giannakouris)

A man sitting in a wheelchair shouts slogans outside the interior ministry during a protest demanding welfare payments, in Athens, Thursday, May 24, 2012. People with disabilities have not received government welfare payments for two months. Greece has been caught in an acute financial crisis for two and a half years, and has only avoided bankruptcy through international rescue loans. (AP Photo/Petros Giannakouris)

ATHENS, Greece (AP) ? Uncertainty over Greece's future in the eurozone is battering the country's financial markets, with investors unconvinced by European leaders' pledge to keep the country in the euro bloc.

Shares on the Athens Stock Exchange hit a new 22-year low Thursday, closing down 4.5 percent at 502.52, despite gains made elsewhere in Europe.

EU leaders on Wednesday expressed backing for Greece's place in the eurozone but announced no new measures to avoid its exit from the17-country currency union.

Bailed-out Greece is fighting shaky finances and rising unemployment in a fifth year of recession. It has failed to form a government after a May 6 general election and will hold a fresh poll on June 17.

Associated Press

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