One day after the announcement of Greece that it would miss the budget shortfall target for 2011, negotiations between Greece and international lenders regarding the eligibility of the debt-laden country to receive another installment of last year's 110-billion-euro bailout were halted till the release of updated data needed to assess the extent of fiscal derailment and budget plan for next year.

Greek Finance Minister Evangelos Venizelos said talks will continue after 10 days.

In effect, Greek banks shares slipped 7.3% on Friday trading while the euro plummeted against majors.