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Eugene

(61,935 posts)
Thu Jul 16, 2015, 01:37 PM Jul 2015

Greek banks will open on Monday

Source: Reuters

Greek banks will open on Monday

GEORGE GEORGIOPOULOS, REUTERS
Jul. 16, 2015, 10:38 AM

ATHENS (Reuters) - Greek banks will reopen on Monday, a senior banker told Reuters after the European Central Bank decided to increase emergency funding.

Banks have been closed since June 29 after Athens imposed capital controls. "They will open on Monday," the banker said.

The ECB on Thursday increased the cap on emergency funding Greek lenders can draw from the domestic central bank by 900 million euros.

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Read more: http://www.businessinsider.com/greek-banks-will-open-on-monday-2015-7
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Greek banks will open on Monday (Original Post) Eugene Jul 2015 OP
Good because they need to salvage what they have left of an economy. n/t PoliticAverse Jul 2015 #1
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