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Greece bourse to reopen with constraints

byCustoms Today Report
29/07/2015
in Uncategorized
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ATHENS: The Greece stock market will reopen Wednesday or Thursday after a monthlong shutdown but with restrictions on trading by local investors at the request of the European Central Bank, the Greek securities regulator chairman told Reuters Tuesday.

Greece Tuesday gained the European Central Bank’s approval to reopen its stock market with no restrictions for foreign investors but with limitations for the local ones.Greek regulators Monday offered the ECB two plans for the reopening: one allowing unrestricted trading, the same as proposed last week, and a second that imposed restrictions on trading.

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