EUROZONE-GREECE/BANKS Greek banks close for another two more days

Record ID: 148200

  • Title: EUROZONE-GREECE/BANKS Greek banks close for another two more days
  • Date: 6th July 2015
  • Summary: ATHENS, GREECE (JULY 6, 2015) (REUTERS) EXTERIOR OF GREEK GENERAL ACCOUNTING OFFICE SIGN ON BUILDING BANK OFFICIALS ARRIVING HEAD OF THE GREEK BANKING ASSOCIATION, LOUKA KATSELI, ARRIVING FOR MEETING (SOUNDBITE) (Greek) HEAD OF THE GREEK BANKING ASSOCIATION, LOUKA KATSELI SAYING: "Considering the European Central Bank (ECB) has not yet held their meeting today, we decided
  • Embargoed: 21st July 2015 13:00
  • Keywords:
  • Location: Greece
  • Country: Greece
  • Topics: General
  • Reuters ID: LVAC2YUC8JP863SXQRE1UH5935ML
  • Aspect Ratio: 16:9
  • Story Text: Greek banks will remain closed on Tuesday (July 6) and Wednesday (July 7) and a daily limit on cash withdrawals will stay at 60 euros, the head of the Greek banking association said on Monday (July 6).
    Greek banks were shuttered all last week after the collapse of negotiations on an aid deal and had officially been due to reopen on Tuesday, before Greeks voted resoundingly to reject bailout terms sought by creditors in a referendum on Sunday.
    "Considering the European Central Bank (ECB) has not yet held their meeting today, we decided to extend the bank holiday for two more days, until Wednesday. The same banks that were open today will be open for the next two days, and the same services provided will continue to be provided until Wednesday evening," Head of the Greek banking association, Louka Katseli said after a meeting with finance ministry and banking representatives.
    Leftist Prime Minister Alexis Tsipras promised German Chancellor Angela Merkel that Greece would bring a proposal for a cash-for-reforms deal to an emergency summit of euro zone leaders on Tuesday, a Greek official said. It was unclear how much it would differ from other proposals rejected in the past.
    Greece's political leaders issued an unprecedented joint statement after a day of talks at the president's office backing efforts to reach a deal with creditors.
    They called for immediate steps to reopen banks and said any deal must address debt sustainability - code for reducing Athens' crushing debt - but gave no hint of concessions from the Greek side towards lenders' demands for deep spending cuts and far-reaching reforms of pensions and labour markets.
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