Greece extended the closure of its stock exchange and electronic bond market again as officials attempt to pull together a plan to unlock European bailout funds.
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.
The government extended capital controls through Monday, and Prime Minister Alexis Tsipras has until midnight Thursday to present the leaders of other euro-zone countries with a plan that includes spending cuts, in exchange for a bailout.
More than six European leaders have made clear this is Greece’s last chance. A failure to find a compromise may force the continent’s most-indebted country to leave the euro.
An exchange-traded fund listed in the U.S. is the only route available for Greek stock speculators. A similar fund listed in Europe has been suspended since last week.
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