ECB approves Athens stock exchange reopening-bourse official

The European Central Bank (ECB) approved on Tuesday a plan to reopen the Athens Stock Exchange with restrictions on trading by local investors after a one-month shutdown, an official from the Athens Stock Exchange sa 

PHOTO: REUTERS

JUL 28, 20159:29 PM

[ATHENS] The European Central Bank (ECB) approved on Tuesday a plan to reopen the Athens Stock Exchange with restrictions on trading by local investors after a one-month shutdown, an official from the Athens Stock Exchange said.

Trading will resume after the Greek finance ministry issues a ministerial decree on the matter, the official said, paving the way for the exchange to potentially open as of Wednesday.

"The ECB gave its approval," the official told Reuters on condition of anonymity.

"The ECB approved the plan which envisages restrictions for Greek investors."

REUTERS