The situation in Greece is gradually stabilizing, and the Athens stock exchange reopened after a monthly break. According to the Chairman of Hellenic Capital Markets Commission Konstantinos Botopoulos, the stock exchange is ready to resume its work. The trading platform's launching was discussed at top-level, and the decision to continue the exchange activities was approved by the European Central Bank. At the end of the last month, the Greek Commission on the financial markets held a regular meeting, after which the date of resumption of the Athens exchange's work was chosen. The financial position of the country is stabilizing, and, therefore, trade and financial activities begin to gain momentum. The Greek government, despite loud statements, was forced to agree to creditors' demands. It is supposed that Greece will receive new financial support in the amount of €86 billion from the EU. In exchange for the credits, Athens has to carry out a series of economic reforms. As a result, the authorities have to break promises, which they gave to Greek people during the elections, and to adopt a law on the increase of a retirement age and on reduction of privileges for farmers. However, such a teeming activity does not impress creditors. For example, representatives of the International Monetary Fund openly declare that they have doubts that the European financial support will help Greece. Experts at the IMF offer to prolong the credit payment period for 30 years and to write off an essential part of Athens' debt.
