Monday 29 June 2015

Greek debt crisis: Banks to stay shut, capital controls imposed

Greek debt crisis: Banks to stay shut, capital controls imposed

Greek banks are to remain closed and capital controls will be imposed, Prime Minister Alexis Tsipras says. Speaking after the European Central Bank (ECB) said it was not increasing emergency funding to Greek banks, Mr Tsipras said Greek deposits were safe. Greece is due to make a €1.6bn (£1.1bn) payment to the International Monetary Fund (IMF) on Tuesday - the same day that its current bailout expires.
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