Greece Market to Reopen Monday

The stock exchange in Athens is set to reopen next week after a closure of more than a month, amid tough bailout negotiations for the debt-stricken country.

Costas Botopoulos, the head of the Hellenic Capital Market Commission, told CNBC on Friday that the exchange would open on Monday August 3.

Following Botopoulos’s announcement, the Greek government issued a ministerial decree allowing the stock exchange to open at the beginning of next week — however with restrictions for domestic investors, Reuters reported.