Greece to extend bank holiday for at least a few more days: bankers
[ATHENS] Greece's government plans to extend the closure of banks beyond Monday by at least a few more days, four banking sources said ahead of a meeting between bankers and the finance minister later on Monday.
Last week, Greece issued a decree imposing capital controls and ordered banks to shut after the European Central Bank froze a vital financial lifeline following the breakdown of bailout talks between Athens and its foreign creditors.
The decree expires on Monday and the government is expected to issue a new decree to replace it. "The bank holiday will be extended, until Friday or next Monday," one senior banker told Reuters.
REUTERS
Read more about the Greek crisis HERE.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Sri Lanka’s economy expected to grow 3% in 2024, central bank says
Yellen says US can bring inflation down without hurting jobs
US dollar briefly falls versus yen after GDP data
US weekly jobless claims unexpectedly fall
US economic growth slows more than expected in Q1
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons