The president of the Hellenic Capital Market Commission (HCMC) Konstantinos Botopoulos has announced that the prohibition on short selling will continue until the end of August and will be lifted when the financial circumstances normalize.

Mr. Botopoulos, who spoke to journalists along with the president of the Stock Exchange Socrates Lazaridis, underlined that the normalization is directly linked to pending agreement between the Greek government and its international creditors.

The HCMC has also issued a detailed statement regarding the renewal of emergency measures on short selling and certain aspects of credit default swaps.