Relevant:
- Greece's Banks Are Next in Line for a European Bailout
- After Resounding "No" At Polls, Eurozone Central Bank Now Controls Destiny of Greece's Battered Banks
- ECB Surreptitiously Prints Money for Greece To Buy Time for Athens
- How Greece went from victory to economy-destroying defeat
- Fitch Downgrades Greek Banks to 'RD' on Capital Controls
2015-06-28 — nytimes.com
Greece will keep its banks and stock market closed on Monday and place restrictions on the withdrawal and transfer of money, banking executives said Sunday night, as Athens tries to keep its financial crisis from growing worse.
The government's decision to close banks temporarily and impose other so-called capital controls came hours after the European Central Bank said it would not expand an emergency loan program that has been propping up Greek banks in recent weeks while the government was trying to reach a new debt deal with international creditors.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.