Final decisions on re-opening Athens stock market next week, sources say

They said that representatives of the Bank of Greece, the Capital Markets Commission, the stock exchange and the Association of Members of the Athens Exchanges are currently deliberating on how best to resume the operation of capital markets smoothly.

The main point of dispute is the limit that will be imposed on domestic investors when it comes to using their bank deposits for investments in the domestic market, with three different alternatives under discussion.

One idea is that investors will be able to buy stocks using, in addition to 'new money', a small percentage (e.g. 10 pct) or a set upper limit (e.g. 5,000 euros) of their existing bank deposits.

Another is that investors will be able to use their credit balance with stock brokerages, though this sum is just 30 million euros, while a third is the possibility of transferring capital from bank accounts to investor accounts using e-banking.