Article CQFV Greek debt crisis: the key points of Athens bank controls

Greek debt crisis: the key points of Athens bank controls

by
Claire Phipps
from Economics | The Guardian on (#CQFV)

All banks closed for at least a week, cash withdrawals capped at a60 a day and foreign money transfers banned ahead of referendum on bailout terms

Early on Monday morning, the Greek prime minister, Alex Tsipras, published a decree in the official government gazette setting out the capital controls to be imposed on the country.

The decree - entitled 'Bank Holiday break' - was signed by Tsipras and president Prokopis Pavlopoulos.

The same applies to the payment of wages and pensions--they are also guaranteed. #Greece

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