Series Title | Kathimerini |
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Series Details | 29.06.15 |
Publication Date | 29/06/2015 |
Content Type | News |
The Greek government decided on the 28 June 2015 that banks would remain closed in Greece for the period leading up to the proposed referendum on the 5 July 2015 asking the Greek people whether they accepted the terms of a international creditors deal. Limited capital controls would also be introduced. Greek Prime Minister Alexis Tsipras said the decision by the ECB 'to limit the liquidity available to Greek banks and forced the Greek central bank to suggest a bank holiday and restrictions on bank withdrawals'. In a statement Jean-Claude Juncker, European Commission President, said on the 29 June 2015 that the Greek people should vote for Europe in the forthcoming referendum. He also said he felt betrayed by the unilateral action of the Greek government to call the referendum. Various political leaders in Italy, France and Germany said that rejecting the creditors' proposals would mean effectively mean leaving the euro. In an interview on Greek tv on the 29 June 2015 Mr Tsipras said that that Greece was still open to an agreement with creditors, suggested that a payment due on the 30 June 2015 to the International Monetary Fund would not be paid and hinted that he would step aside in the event of a yes vote in 5 July 2015 referendum on creditors’ proposals to Greece. |
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Source Link | Link to Main Source http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_29/06/2015_551649 |
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Subject Categories | Economic and Financial Affairs, Internal Markets |
Countries / Regions | Europe, Greece |