Sunday, June 28, 2015

The Greek situation ontinues:Greek Capital Controls Begin: Greek Banks, Stock Market Will Not Open On Monday; Ignoring Tsipras Plea For Calm, Greeks Storm ATMs, Stores, Gas Stations

From Zero Hedge:

Update: GREEK BANKS TO REMAIN CLOSED UNTIL JULY 6 : KATHIMERINI
Despite the reassurances from any and all elected (and unelected) officials, given the run on bank ATMs in Greece has turned into a stampede, it is not surprising that the CEO of Piraeus Bank just announced Greek banks would remain closed for at least one week; further as reported yesterday, the Greek stock market will also remain closed.

http://www.zerohedge.com/news/2015-06-28/greek-capital-controls-begin-banks-remain-closed-monday

From Zero Hedge:

Just a few hours ago Greek PM Tsipras addressed his nation imploring then to "remain calm" and reassuring them that their "deposits were safe." It appears the Greeks did not believe him. Many were wondering where the Greek bank lines were for the past several months. Turns out the local depositors were merely waiting until just after the last minute to withdraw their funds... horde gas... and stack food. Greece, it appears is Venezuela - the new socialist paradise.

http://www.zerohedge.com/news/2015-06-28/ignoring-tsipras-plea-calm-greeks-storm-atms-stores-gas-stations

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