Tag: Greek Banks

• Thursday, July 9th 2015 - 06:10 UTC

  Greek banks to remain closed until next Monday as ECB caps funding

  

  The European Central Bank capped the amount of emergency funding it is providing to the Greek banking sector at €88.6 billion on Wednesday, in a sign that the central bank is awaiting the outcome of this weekend’s crunch talks on Greece before deciding whether to extend a further financial lifeline to the indebted country.