Jump to content
Sign Up To Remove Ads!

Archived

This topic is now archived and is closed to further replies. Want this topic removed from the archive?

Fourth echelon

Greek Banks And Stock Exchange In Shutdown

Recommended Posts

Banks in Greece and the country's stock exchange will be shut all week in a sign of the deepening financial crisis.

 

The drastic move comes after people rushed to withdraw their cash amid panic ahead of the referendum on bailout terms.

Under the controls, there will be a daily €60 limit on withdrawals from cash machines, which will reopen on Tuesday.

The euro fell sharply against the dollar amid investor jitters of a Greek debt default and exit from the eurozone.

Speaking in a televised address, Prime Minister Alexis Tsipras urged calm and insisted bank deposits were safe.

http://news.sky.com/story/1509799/greek-banks-and-stock-exchange-in-shutdown

 
 
 

Share this post


Link to post
Share on other sites

×