Debt conundrum to keep Greek banks frozen

Debt poser: People line up outside the Deposits and Loans Fund in Athens to request loans settlements or proceed with bank transactions. Rehabilitating Greece’s banks poses a difficult question. Should the eurozone take a stake in the lenders or should the bill for fixing the banks instead be added to the country’s debt mountain? – EPA

ATHENS: Greek banks are set to keep broad cash controls in place for months, until fresh money arrives from Europe and with it a sweeping restructuring, officials believe.

Rehabilitating the country’s banks poses a difficult question. Should the eurozone take a stake in the lenders, first requiring bondholders and even big depositors to shoulder a loss, or should the bill for fixing the banks instead be added to Greece’s debt mountain? Answering this could hold up agreement on a third bailout deal for Greece that negotiators want to conclude within weeks.