Greek banks remain closed until July 08

Market news

7 July 2015

Greek banks remain closed until July 08

News reported that Greek banks remain closed until July 08. Daily cash withdrawals remain limited to 60 euros and payments and transfers abroad remain banned.

At the same time, these restrictions do not apply to foreign tourists.

Previously, The Wall Street Journal reported that it is unlikely that Greek bank will reopen sooner than in a few weeks.

The U.S. is urging European and Greek leaders to reach a deal

European Central Bank Governing Council Member Ewald Nowotny: the central bank will not provide with the liquidity the Greek financial system if Greece misses to repay the central bank’s loans on July 20

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