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Creditors press Greece for debt plan

Aminul || risingbd.com

Published: 02:51, 7 July 2015   Update: 15:18, 26 July 2020
Creditors press Greece for debt plan

Ros Atkins explains the banking restrictions and the impact that they are having on everyday life in Greece

Risingbd Desk: Eurozone finance ministers say they expect to hear new proposals from Greece after the country voted to reject the terms of a bailout.

German Chancellor Angela Merkel and her French counterpart Francois Hollande also called on Greece to make "serious" proposals.

Greek PM Alexis Tsipras is due to address a summit of eurozone leaders on Tuesday.

Meanwhile, Greek banks are to stay closed on Tuesday and Wednesday.

They had been due to reopen on Tuesday but the head of the Greek banking association, Louka Katseli, said the period had been extended following talks on Monday.

In another development, the European Central Bank (ECB) said it would maintain emergency cash support for Greek banks, which are running out of funds and on the verge of collapse.

 

Agencies

 

risingbd/July 07, 2015/Aminul

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