Greek banks ready to open Monday as Merkel urges swift bailout talks


  • World
  • Monday, 20 Jul 2015

A man withdraws money at an Alpha Bank branch ATM in central Athens, Greece, July 19, 2015. REUTERS/Yiannis Kourtoglou

ATHENS (Reuters) - Greek banks are ready to open their branches across the country on Monday after a three-week shutdown, officials said, while German Chancellor Angela Merkel called for swift aid talks so Athens could also lift withdrawal limits.

The cautious reopening of the banks, and an increase in value added tax on restaurant food and public transport from Monday, are aimed at restoring trust inside and outside Greece after an aid-for-reforms deal last week averted bankruptcy.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Russia attacks Ukraine's rail lines to disrupt supply of U.S. arms, source says
Andrew Tate human trafficking trial can start, Romania court says
Ceasefire monitoring centre in Nagorno-Karabakh shuts as Russian peacekeepers withdraw
Supporters of Spain's Sanchez call rallies, leftists abroad urge him to stay
Let us press on with UK migrant plan, Rwanda tells critics
Ukraine's Zelenskiy calls for air defense systems as allies meet
Analysis-Trump election subversion case bogs down as allies' legal woes grow
Missile launched from Yemen's Houthi area, no injuries reported, CENTCOM says
Turkish court convicts Syrian woman over Istanbul bombing, media says
Analysis-Arrest of Russian defence minister's deputy may be strike by rival 'clan'

Others Also Read