Greek Banks Shut Down for Week
All the banks in Greece are shutting down this whole week. The Greek banks were seeking a bailout for their failing banks, however the European Central Bank has refused to help them out which has led to the shutdown. The banks have already been bailed out once, and are seeking to be bailed out a second time. Before the EU will grant a bailout for the failing banks, they are requiring Greece to take measure of austerity.
Prime Minister Alexis Tsipras has promised his citizens that their pension funds and bank accounts are still secure, despite limited access to them at the moment.
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