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Greece does a Replay of USA in 2008 by Banning Short Selling

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To stem the stock market rout,the Greek Authorities have banned short selling as if that will resolve their economic and associated stock market problems.Does nothing but introduce regulatory uncertainties on top of others

From MarketWatch

Greek regulator bans short-selling for two months

The Hellenic Capital Market Commission said Wednesday it has banned the short-selling of shares listed on the Athens Stock Exchange “after taking into account the conditions prevailing in the Greek market.” The ban became effective on Wednesday and will remain in force until June 28. The ban comes after Greek stocks have been falling sharply in recent weeks amid concerns over the country’s debt crisis.

PG

Sneha Shah

I am Sneha, the Editor-in-chief for the Blog. We would be glad to receive suggestions, inputs & comments on GWI from you guys to keep it going! You can contact me for consultancy/trade inquires by writing an email to greensneha@yahoo.in

2 Responses so far | Have Your Say!

  1. Tish Eidschun

    Pretty nice post. I just stumbled upon your site and wanted to say that I have really enjoyed browsing your blog articles. In any case I’ll be subscribing to your feed and I hope you write again soon!

  2. Jeff Olive

    I’ve been checking your blog for a while now, seems like everyday I learn something new :-) Thanks