Greek banks have 1 billion euro liquidity - association


  • World
  • Friday, 03 Jul 2015

ATHENS (Reuters) - Greek banks have a "liquidity cushion" of 1 billion euros but funds beyond Monday depend on the European Central Bank, the head of Greece's banking association said on Friday.

Greeks banks were shuttered on Monday for a week after the collapse of negotiations on a new aid deal to keep the country afloat, triggered by a government decision to call a referendum on the bailout terms.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

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

Vietnam police arrest former head of government office amid anti-graft crackdown
More migrant dinghies cross Channel to England despite Rwanda threat
Argentina's Milei says Spain's Sanchez brings 'death and poverty' after drug use jibe
Russian drones injure 6 in Ukraine's Kharkiv, Dnipro regions
NATO drills show it is preparing for potential conflict with Russia, Moscow says
Poland condemns Russian cyberattacks, says has been targeted too
Rwanda denies its troops attacked displaced persons camp in DR Congo
Russian suspected cybercrime kingpin pleads guilty in US, TASS reports
Russia says it shot down four U.S.-made long range missiles over Crimea
After two winsome Ori games, a pivot into dark fantasy

Others Also Read