Pakistan Today

Greek banks reopen, Tsipras eyes return to normal

ATHENS:

Greeks queued outside banks on Monday as they reopened three weeks after closing to stop the system from collapsing under a flood of withdrawals, the first sign of a return to normal after a deal started talks on a new package of bailout reforms.

However, capital controls will remain and payments and wire transfers abroad will still not be possible ─ a situation which German Chancellor Angela Merkel said on Sunday was “not a normal life” and warranted swift negotiations on a new bailout.

The stock market will also remain closed until further notice.

Queues formed outside bank branches in central Athens, as people waited to take care of business frozen during the three-week-long bank holiday.

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