+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Greek bank capital controls will remain in place for at least two more months

Jul 12, 2015, 01:21 IST

The capital controls imposed on Greece's banks will remain in place for at least another two months, Economy Minister George Stathakis said on Saturday, as eurozone finance ministers met in Brussels to discuss a request by Athens for a new bailout.Stathakis told Greece's Mega TV that the banks could reopen as soon as next week, if an agreement with creditors is reached this weekend. But other restrictions on withdrawals and currency exports would remain in place for most."That will stay in play for two months or some months," he said.(Reporting by Costas Pitas; editing by James Mackenzie)

NOW WATCH: 6 mind-blowing facts about Greece's economy

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article