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Greek banks, stock exchange will not open on Monday, Tsipras announces


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Greek banks, stock exchange will not open on Monday, Tsipras announces

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Greece’s banks will not open on Monday, Prime Minister Alexis Tsipras has announced. The stock exchange will also remain closed and capital controls are being put imposed.

“In the coming days, what’s needed is patience and composure,” the PM wrote on social media. “The bank deposits of the Greek people are fully secure. The same applies to the payment of wages and pensions—they are also guaranteed,” he added.

He blamed Greece’s lenders and Eurogroup partners for forcing the nations hand, but said he would, nevertheless, go ahead with a planned referendum on austerity on July 5.


“The dignity of the Greek people in the face of blackmail and injustice will send a message of hope and pride to all of Europe,” the PM added.

Tsipras also announced he had once again asked Greece’s international lenders to extend the country’s aid programme.

The only thing to fear, he says, is fear itself.

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