Greece puts halt on short-selling

SHORT-SELLING will be banned on the Athens bourse for two months starting this morning, Greece’s stock market regulator said yesterday.

The Athens bourse index closed down six per cent last night, a fall nearly twice as steep as that of European peers.

“The board of the capital market commission, after considering the urgent circumstances on the Greek market, has decided to ban short selling in listed stocks on the Athens bourse,” the commission said.