EUROZONE-GREECE/LOUTRAKI People in small Greek seaside resort town gather near closed banks

Record ID: 148924

  • Title: EUROZONE-GREECE/LOUTRAKI People in small Greek seaside resort town gather near closed banks
  • Date: 29th June 2015
  • Summary: LOUTRAKI, GREECE (JUNE 29, 2015) (REUTERS) VIEW OF SEAFRONT VACATIONERS ON BEACH VARIOUS OF EMPTY CAFE TABLES AT SEAFRONT CARS AND PEOPLE ON STREET PEOPLE SITTING NEAR CLOSED BANK BRANCH MAN GOING PAST FRUIT SELLER'S SHOP FRUIT ON SALE VARIOUS OF SEVERAL DOZEN PEOPLE GATHERED NEAR CLOSED BANK BRANCH PEOPLE QUEUING TO WITHDRAW MONEY FROM ATM MAN WITHDRAWING MONEY FROM ATM,
  • Embargoed: 14th July 2015 13:00
  • Keywords:
  • Location: Greece
  • Country: Greece
  • Topics: General
  • Reuters ID: LVAAJ693BHDUS8WD9NB3ILKWAHG8
  • Aspect Ratio: 16:9
  • Story Text: Despite the financial shock, parts of daily life went on as normal on Monday (June 29) in the small Greek seaside resort town of Loutraki 80 kilometers (50 miles) west of the capital Athens.
    Shops, pharmacies and supermarkets were open and Greeks were meeting to discuss their country's fate at cafes and restaurants. Tourists were sunbathing on the beach at the town seafront.
    However, dozens of people were seen gathering near closed bank branches, some with shuttered doors and windows.
    Prime Minister Alexis Tsipras, who blindsided creditors by calling a referendum on the austerity cuts in the aid package proposed by the creditors, appeared on television on Sunday (June 28) night to announce capital controls to prevent banks from collapsing.
    Their imposition capped a dramatic weekend for Greece that has pushed the country towards a likely default on 1.6 billion euros ($1.77 billion) of International Monetary Fund loans on Tuesday (June 30) and closer to an exit from the euro currency bloc.
    The Greek government will keep banks shut at least until after July 5, the date of the referendum, and withdrawals from automated teller machines were limited to 60 euros a day when they reopened at midday.
  • Copyright Holder: REUTERS
  • Copyright Notice: (c) Copyright Thomson Reuters 2015. Open For Restrictions - http://about.reuters.com/fulllegal.asp
  • Usage Terms/Restrictions: None
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