Greek banks are set to reopen Monday after the European Central Bank increased the level of emergency cash available to the country’s lenders, officials said.
However, limited cash withdrawals—€60 a day—would be lifted gradually and may include a weekly maximum rather than daily limits, said Deputy Finance Minister Dimitris Mardas.
Eurozone ministers earlier agreed on a bridge loan of €7 billion from an EU-wide fund to help keep Greece afloat.
Germany’s parliament will vote today on a new bailout for Greece despite approval from the eurozone. Banks have been closed since June 29. Read more at BBC News.
{Andy Heller-Matzav.com}
