Athens (Reuters) – Banks in Greece opened on Monday after three weeks their switches.
The capital controls remain according to a published decree on Saturday but in power. Transfers to foreign accounts remain prohibited. For the Greek citizens, the government amended the conditions for the supply of cash. Since closure of banks on June 29, they were allowed to take off a day 60 euros from ATMs. Now you can also make more money to pay off all at once. However, the upper limit at 420 Euros per week remains.
The arrangement was the first decision of the new cabinet of Prime Minister Alexis Tsipras. The Prime Minister had shuffled his cabinet after had refused to follow him in a parliamentary vote Critics of the agreement with the Euro Group. Approval of the reforms, of which the creditor had made the opening of negotiations for a third billion-aid package depends, Tsipras had received only thanks to the support of the opposition.
With the reshuffle, the government passe on to the new reality, said the new energy minister Panos Skourletis, a close confidant of the prime minister. His successor in the Ministry of Labour, George Katrougalos, announced shortly after the swearing-in hard negotiations on the new loan program. “Our goal is not simply to rubber-stamp the deal, but decided to fight for the conditions.” There are many vague terms in the text. An agreement must be socially just, said the minister, who is responsible for the demanded by creditors pension reform.
Despite the turnaround of Tsipras, the approval ratings for him to remain high. In the left-wing newspaper “Efimerida tone Syntaknon” published survey his Syriza party comes to 42.5 percent. The main opposition party New Democracy currently would receive only 21.5 percent in an election. In addition, 70 percent were in favor of the new aid program if Greece so can remain in the euro zone.
The talks about to be included in the coming week. The Bundestag gave the green light on Friday. The European Commission expects an agreement by mid-August. Until then, Greece will get a bridge loan through a financial pot the EU, because the state coffers in Athens are completely empty.
companies and private individuals had out of concern for the fate of Greece in the euro Zone billion deducted from their accounts. In order to prevent a collapse of the financial system and a run on the banks, the government has restricted the movement of capital. The reopening of the financial institutions had been widely expected after the European Central Bank has increased the ceiling for emergency loans.
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