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.

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