The banks will reopen on Tuesday, he said in an interview with Bloomberg.
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The report came two days ahead of a referendum in which Greeks will accept or reject the tough terms of an aid deal with global creditors, a vote with the potential to decide the country’s future in the euro zone.
The global Monetary Fund says beyond debt relief, Greece will need an extra 50 billion Euros, or 56 billion USA dollars, to stabilize its current finances between this October and 2018. Louka Katseli said in a television interview: “There are no such scenarios at any Greek bank, not even as an exercise on paper”.
Access to refinancing operations, with euros offered to the banking system against eligible collateral, is what the ECB might propose to Bulgarian central bank BNB, according to Bloomberg’s sources who wished to remain anonymous.
“If there is a “No” result, then it will be more hard for such an agreement to be reached, Constancio said, adding that this would have consequences for ECB’s analysis and decisions”.
Greek banking representatives were not immediately reachable to verify the report.
Some have reservations. Germany’s Bundesbank has long argued for the funding to be reined in but has been also cautious about insisting on any radical change at this delicate moment.
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Athens: Capital controls are prompting anxious Greeks to withdraw as much cash as possible but, in an ironic counter-point, the country’s National Bank declared Thursday its ATMs still accepted euro deposits.
