Greek PM Announces Closure of Banks, Impose Capital Controls

[youtube=https://www.youtube.com/watch?v=6QtMDJNQ6ek]

• Published on Jun 28, 2015
  The Greek prime minister says his country’s banks and the Athens stock market will be closed on Monday. Alexis Tsipras blamed the Eurogroup for rejecting his government’s request for extending the current bailout program. Greece wants the bailout program to be extended for a few days until the July 5 referendum on the international creditors’ proposals in return for bailout funds. Tsipras announced the referendum on Friday after an emergency meeting of his cabinet. The referendum has increased Greece’s chances of exiting the eurozone.

end