Saturday, July 18, 2015

Greek Banks Set to Reopen Monday

Greece’s banks will reopen on Monday, three weeks after they were closed amid the country’s debt crisis. But maximum withdrawals of about $65 a day will remain in place as will stringent controls on transfers of money abroad. The decree to reopen the banks came hours after new ministers were sworn in following a cabinet reshuffle in which Prime Minister Alexis Tsipras replaced dissident members of his ruling Syriza party following a revolt over the tough bailout terms. In a move...

via Economy - Voice of America

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