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In reaction to the risk of a snap general election in Greece, shares on the Athens Stock Exchange have fallen sharply for three straight days.

The Athens general share index fell more than 7.5% on Thursday.

Greece has only recently emerged from recession, and yet this week, seems to have been thrown back in to uncertain times. The Prime Minister Antonis Samaras has called for an early vote in parliament to elect a new president, despite requiring support from opposition politicians to avoid a stalemate.

The announcement came on Tuesday in response to eurozone ministers approving a request for a two-month extension on the bailout programme for Greece, that was due to end later this month.

The presidential vote on 17 December will be a vital test for Mr Samaras as his conservative-led coalition needs the support of other parties if its candidate is to obtain the backing of MPs.

At this point however, the left-wing anti-bailout Syriza party is leading in the opinion polls, and the government faces widespread public discontent after a six-year recession.

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