The Greek banks will open again Monday. The banks can open their doors again after the European Central Bank today raised the emergency credit line.
This was reported by Reuters based on a high Greek banker. The ECB, the Greeks decided to stabbing a helping hand after the parliament in Athens last night agreed to strict austerity package. “Things have changed,” said ECB President Mario Draghi about it.
The ECB announced today to increase emergency aid ELA with € 900 million. The capital restrictions still remain in effect, the amount of the ECB is far too little to prevent a bank run. Greeks sex so still only € 60 per day pins. However, banks will be able to provide a limited number of services again.
Greek banks closed their doors on June 29, just before the last European support program expired at Greece.
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