The Athens Stock Exchange, June 15, 2015. Louisa Gouliamakii/AFP/Getty Images
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Is a market really a market if buyers can't buy and sellers can't sell freely?Greek markets remained closed even after banks reopened with limited services Monday.Foreign investors hold 59 percent of stocks traded in Athens, which already lost 85 percent since peaking in 2007 .imposed capital controls on June 28 to stop banks bleeding cash, with depositors now limited to withdrawing 420 euros ($459) a week and transfers abroad banned.Last week, the ECB raised the maximum potential Emergency Liquidity Assistance for Greek banks by 900 million euros.Since collapsing a record 19 percent on June 29, when the exchange was shut, the security has rebounded 5.8 percent.
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