Greece's financial markets will reopen with some limitations to trading, the nation's Finance Ministry said.
Greek traders will be able buy stocks only if they use new money such as funds transferred from abroad, cash-only deposits, or money earned from the future sale of stocks, the Finance Ministry said in a decree on Friday. Foreign investors will be excluded from all restrictions, provided that they were already active in trading before the imposition of capital controls last month.
The Athens Stock Exchange will reopen on Aug. 3, according to a separate email statement from the bourse. That will follow a five-week shutdown, the longest since a stretch of almost six weeks that ended in January 1973.
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