ATHENS, Aug 26 (Reuters) - Greece's securities regulator may not extend a short-selling ban on shares listed on the Athens stock exchange when the ban expires on August 31, a senior government official told Reuters on Thursday.
'It is very likely that the ban will not be extended. The short-selling restriction was an extraordinary measure taken during a period of high uncertainty and conditions have since improved,' the official, who declined to be named, said.
The ban will be discussed at a capital market commission board meeting on Thursday.
The restriction was imposed on April 28 as the country's debt crisis escalated and was to last for three months to June 28. The regulator then extended it to August 31.
(Reporting by George Georgiopoulos) Keywords: GREECE SHORTSELLING/ (george.georgiopoulos@reuters.com; +30210 3311813; Reuters Messaging:george.georgiopoulos.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'It is very likely that the ban will not be extended. The short-selling restriction was an extraordinary measure taken during a period of high uncertainty and conditions have since improved,' the official, who declined to be named, said.
The ban will be discussed at a capital market commission board meeting on Thursday.
The restriction was imposed on April 28 as the country's debt crisis escalated and was to last for three months to June 28. The regulator then extended it to August 31.
(Reporting by George Georgiopoulos) Keywords: GREECE SHORTSELLING/ (george.georgiopoulos@reuters.com; +30210 3311813; Reuters Messaging:george.georgiopoulos.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.