The Traderszone Network

Published in TZ Latest News 6 July, 2015 by The TZ Newswire Staff

Greek banks to stay closed at least until Friday: bankers

Greece’s banks will stay closed at least until Friday, four banking sources said on Monday, as the country tries to reopen bailout negotiations with official creditors and save its financial system from collapse. Greece issued a decree last week imposing capital controls and ordered banks to close after the European Central Bank (ECB) froze a vital financial lifeline following the breakdown of bailout talks between Athens and its foreign creditors.

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