Greece Crisis: Greek stock market to reopen this week after ECB approval

* Restrictions in place for local investors * Decree on timing expected, timing not clear * Athens Stock Exchange has been closed since June 29

A worker at the Athens Stock Exchange stands in the reception hall as an electronic board displays stock prices. Getty Images

Angeliki Koutantou and Lefteris Papadimas

The Greek stock market will reopen on Wednesday or Thursday after a month-long shutdown but with restrictions on trading by local investors at the request of the European Central Bank, the Greek securities regulator chairman told Reuters this evening.

The Athens Stock Exchange (ASE) has been shut since June 29, after the government closed its banks and imposed capital controls to prevent them from collapsing in the face of mass withdrawals.