Greek banks to remain shut

GMT 13:11 2015 Monday ,13 July

Arab Today, arab today Greek banks to remain shut

Woman withdraws money from an ATM machine
Athens - Arab Today

Greek banks will remain shut beyond Monday, a finance ministry source said as authorities struggled to contain the economic damage from a two-week closure brought about by a cash shortage.

The banks have been closed since June 29, with withdrawals by Greeks limited to 60 euros ($66) after the government called a referendum on EU-IMF creditors' terms for an international bailout.

An even harsher set of terms was accepted by the Greek government on Monday.

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