Greek stock market won’t reopen this week: report

Greece’s stock market is unlikely to open this week due to technical issues at local banks, according to a Reuters report citing a spokeswoman for the Athens Stock Exchange. The report said Greek banks need to resolve some IT problems, with those problems tied to restrictions that prevent local investors from using bank deposits to buy securities. MarketWatch previously reported that trading in Greek stocks might reopen this week, but there may be more drama for the beleaguered Greek market, shut since late Juen, given the recent global stock selloff.

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From:: Stock Market News

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