Friday, July 10, 2015

Greece Extends Market Shut Down

Greece is an object lesson on why you need money outside the system/

The Greek government has extended the closure of its stock exchange and electronic bond market through at least July 13.

Mutual fund redemptions and clearing and settlement on the Greek exchange were also suspended, according to a notice on the Hellenic Capital Market Commission’s website. Equity trading has been closed since June 29.

 -RW

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