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Greek banks 'to stay shut on Monday'
BBC News ^ | 6-28-2015 | BBC News

Posted on 06/28/2015 10:10:25 AM PDT by tcrlaf

Greece banks to stay closed on Monday, Piraeus Bank chief says, after emergency meeting in Athens

This breaking news story is being updated and more details will be published shortly

(Excerpt) Read more at bbc.com ...


TOPICS: Breaking News; Business/Economy; Foreign Affairs; Government; News/Current Events; Politics/Elections
KEYWORDS: alexistsipras; bank; bankholiday; bankrun; bankruptcy; banks; default; derivatives; deutchebank; eu; europe; europeanunion; finance; greece; greececrisis; greecestockmarket; greek; nato; syriza
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Just breaking. Includes the Greek Stock Markets. More to come...
1 posted on 06/28/2015 10:10:25 AM PDT by tcrlaf
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To: tcrlaf

Greek Government meeting right now.

Banks and the stock markets may stay closed until July 6th!!


2 posted on 06/28/2015 10:11:02 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf

Obama says, “If you want your money, you can get your money”..........”just not right now... we’re gonna have to make some adjustments.”


3 posted on 06/28/2015 10:12:36 AM PDT by Gaffer
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To: tcrlaf

erohedge 1 minuto
Greek Capital Controls Begin: Banks, Stock Market To Remain Closed From Monday [link to www.zerohedge.com] …

zerohedge 4 minutos
GREEK CENTRAL BANK GOVERNOR SAYS ANNOUNCEMENTS TO FOLLOW CABINET MEETING


4 posted on 06/28/2015 10:13:08 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf

Chinese market futures are in the red big-time, as well.


5 posted on 06/28/2015 10:13:42 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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Comment #6 Removed by Moderator

To: tcrlaf

This should make a splash in our financial markets but Greece isn’t all that big.

The real fun is yet to come. China currently has a bubble in both their stock and property markets. When that thing finally blows everyone will sit up and notice.


7 posted on 06/28/2015 10:14:52 AM PDT by Pelham (Deo Vindice)
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To: tcrlaf
Germany Owes Greece €9 Billion in WWI Reparations
8 posted on 06/28/2015 10:15:23 AM PDT by Berlin_Freeper
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To: tcrlaf

Gregor Peter 5 minutos
GREECE BANK TO BE CLOSED UNTIL JULY 6TH, PROTOTHEMA SAYS


9 posted on 06/28/2015 10:15:40 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf

The Greek banks might (and I emphasize might) be closed for the rest of the week, until after the referendum on Sunday June 5th.

Don’t know about the Athens Exchange, though.

Looks like capital controls are now in effect. It’s a high-stakes game of chicken between Greece and the EU/IMF.


10 posted on 06/28/2015 10:16:57 AM PDT by AnAmericanAbroad (It's all bread and circuses for the future prey of the Morlocks.)
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To: tcrlaf
How will this affect the olive oil from Greece that I like to purchase at the supermarket? I suppose I could get olive oil from Italy, Spain or even California should the flow of olive oil from Greece be shut off.

Other than olive oil, I can't think of any other products I use that come from Greece. The only other Greek import I'm aware of is the Dukakis family but thankfully, the spigot of self-important big-government moonbats from Greece appear to have been turned off for a while now.


11 posted on 06/28/2015 10:17:12 AM PDT by SamAdams76
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To: SamAdams76; All

lexis Tsipras will make critical announcements, in about 15 minutes, live 1:30 ET.


12 posted on 06/28/2015 10:18:13 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf
"We're going to take things away from you on behalf of the common good."
--Hillary Clinton
13 posted on 06/28/2015 10:19:11 AM PDT by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
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To: tcrlaf

5 minutos?


14 posted on 06/28/2015 10:19:49 AM PDT by Berlin_Freeper
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To: tcrlaf; All

No mention at all on CNN, yet.
Too busy hammering Republicans for opposing gays, supporting the Confederate Flag.


15 posted on 06/28/2015 10:20:23 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf; All

Skai TV live link. Tsipras to speak in about ten minutes
http://www.skai.gr/player/tvlive/


16 posted on 06/28/2015 10:21:06 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf

They have to protect their own banking system from being destroyed by subservience to the EU.

Greece is taking a stand against the corporatist elites-crony capitalists that want Amnesty, Obamacare, Obamatrade, Common Core and Gay Marriage shoved down our throats).

The Left of Syriza lead the government but their coalition partners are ex-New Democracy Party (RINO Party) conservatives who now call themselves “Independent Greeks”.

Someone in the world is resisting the evil UNIPARTY CRONY CAPITALIST ELITES.


17 posted on 06/28/2015 10:22:55 AM PDT by Nextrush ( FREEDOM IS EVERYBODY'S BUSINESS, DON'T BE PASTOR NIEMOLLER)
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To: Pelham

“This should make a splash in our financial markets but Greece isn’t all that big.”

“there will be no contagion”
“there will be no contagion”
“there will be no contagion”
“there will be no contagion”
“there will be no contagion”
“there will be no contagion”
“there will be no contagion”
“there will be no contagion”
“there will be no contagion”
“there will be no contagion”

Reuters: Wave of contagion expected after dramatic weekend raises ‘Grexit’ chances


18 posted on 06/28/2015 10:23:01 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: Nextrush

“Someone in the world is resisting the evil UNIPARTY CRONY CAPITALIST ELITES.”

What are the odds of Tsipras saying something like “...with our new partners in Russia and China”?


19 posted on 06/28/2015 10:24:32 AM PDT by tcrlaf (They told me it could never happen in America. And then it did....)
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To: tcrlaf
The thing is, most Greeks were going to suffer from another bailout. Their benefits were going to be cut to continue to subsidize the excesses of the ruling class. Meanwhile, the EU can force them to accept being flooded by migrants with who-knows-what political agenda.

If I were in that situation, I'd take it on the chin, default, suffer some, and go their own way. Isn't it really a matter of how much can the elitists scare the little folk?

20 posted on 06/28/2015 10:25:25 AM PDT by grania
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