ATHENS (Reuters) - The Greek stock market will reopen on Wednesday or Thursday after a one-month shutdown, with restrictions on trading by local investors for a short period of time, the Greek securities regulator chairman told Reuters on Tuesday.
The Athens Stock Exchange (ASE) has been shut since June 29, after the government shut banks and imposed capital controls to prevent banks from collapsing in the face of mass withdrawals. On Tuesday, Greece gained the European Central Bank's approval to reopen it.
"The commission will convene tomorrow morning to decide if the Athens Stock Exchange will reopen on Wednesday or Thursday," the chairman of Greece's Capital Market Commission Konstantinos Botopoulos said.
(Reporting by Lefteris Papadimas; Writing by Angeliki Koutantou Editing by Jeremy Gaunt)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app