Comment on European countries extend short-selling ban as they try to tame markets

European countries extend short-selling ban as they try to tame markets

PARIS — Several European countries that banned short-selling have extended the prohibition until the end of September. When concerns about European banks’ exposure to Greek debt sent their stocks plummeting two weeks ago, market regulators in Belgium, France, Greece, Italy and Spain stepped in to prohibit traders from betting on the decline in a share’s price. On Thursday, the countries extended the ban and said they would reconsider it at the end of next month.

 

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