Sunday, June 28, 2015

Greek banks remain closed week – NU.nl

Cash withdrawals at ATMs in Greece are currently limited to a maximum of 60 euros per day and international payments via Greek banks and transfers provisionally banned abroad.

That the Greek government on Monday night announced. The stock exchange in Athens remains closed until July 6. This is the Greek financial sector locked until after the referendum on the international emergency aid for Greece, which will be held on Sunday, July 5th.

Sunday was the CEO of Piraeus Bank announced that the banks in any case Monday the doors were closed.

The pinlimiet of 60 euros applies under the government only for Greek account holders. For users of foreign bank cards and credit limits continue to be applied by their banks.



Uncertainty

Greek banks threaten to succumb to the great uncertainty about the economic future of Greece.

Last month Greeks took dozens of billions of euros from their accounts. Sunday we were formed long queues at the cash machines in Greece.

This weekend took the outflow further due to failed negotiations between Greece and the other euro countries on further emergency aid for the country.



Extension

Tsipras called the Greeks to remain calm and assured that savings are safe. The Prime Minister further indicated that he is the eurozone again asked for an extension of the support program, but he has received no reply to that request.

Efforts Greek referendum on the emergency aid next week Sunday thwart he called ” an insult ” and a disgrace to the democratic traditions in Europe

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Rows at banks in Athens

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Emergency Support

The decision to keep the banks in any case closed Monday following the announcement of the European Central Bank (ECB) that the emergency aid that can be granted is not extended to the Greek banks

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Required

This aid is necessary to compensate for the huge outflows from banks. Due to the large amounts diverted, the banks that buffer but already almost completely consumed again,

Finance Minister Yanis Varoufakis said after the meeting that further communications on the banks incurred after a crisis meeting of the Greek cabinet. That would be around 19:00 (Dutch time) start.

According to the Greek newspaper Kathemerini keep the banks in any case closed until after the referendum on emergency aid for Greece next Sunday . The stock exchange in Athens holds insiders Monday also closed the doors

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By: Reuters

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