Greece debt crisis: Banks to stay closed on Tuesday and Wednesday

[brooklynite]

Source: The Guardian

Greek banks to stay shut

Newsflash: Greece’s banks will not reopen on Tuesday, or indeed on Wednesday, according to the head of the Greek bank association.

The daily withdrawal limit remains at €60.

Read more: http://www.theguardian.com/world/live/2015/jul/06/greek-referendum-eu-leaders-call-crisis-meeting-as-bailout-rejected-live-updates

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Victory!

[Bosonic]

1. ECB says keeps emergency funding for Greek banks steady

ECB says keeps emergency funding for Greek banks steady

The European Central Bank kept Emergency Liquidity Assistance (ELA) steady for Greek banks but adjusted the haircut on the collateral those lenders offer as security, the ECB said on Monday.

"The Governing Council of the European Central Bank decided today to maintain the provision of ELA to Greek banks at the level decided on 26 June 2015 after discussing a proposal from the Bank of Greece," the ECB said in a statement.

It said that the Governing Council of decision makers was "determined to use all the instruments available within its mandate"

http://www.reuters.com/article/2015/07/06/eurozone-greece-ela-idUSF9N0Y302120150706

[snooper2]

2. We are free of the capitalist assholes!