Greece to extend bank holiday for at least a few more days: bankers
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
