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Cyprus Trading May Resume Tuesday, Exchange Chief Says

Cyprus’s stock exchange may resume limited trading on April 2 after closing for more than two weeks as the country faced a banking crisis and ejection from the euro, Chief Executive Officer Nondas Metaxas said.

“We have formed at the exchange so-called crisis committees and they are meeting continuously,” Metaxas said in an interview in Nicosia yesterday. “There are three or four committees meeting now, making different scenarios which we will be studying Tuesday morning, when we might get more information to see which stocks will be traded. We may resume trading on a number of stocks but this is not something which we can say with 100 percent certainty.”