BREAKING NEWS
This content is not available in your region

Greek government issues decree on banks' reopening

Comments
euronews_icons_loading
Greek government issues decree on banks' reopening
Text size Aa Aa

The Greek government has issued a decree ordering banks to reopen on Monday, three weeks after they were closed amid the country’s debt crisis.

The amount of money Greeks can withdraw is to be made slightly more flexible: with a maximum of 420 euros a week in place of the current strict limit of 60 euros a day.

But other capital controls including restrictions on transfers abroad remain.

News that banks are to reopen was first reported on Thursday night but has now been confirmed by the first act of the new cabinet.

It follows the announcement of an emergency cash boost from the European Central Bank, as well as bridging loans worth 7 billion euros approved by eurozone finance ministers.

Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.