Greece is to become the second eurozone country to impose capital controls on Monday, in a bid to prevent the collapse of the country’s financial system.
The decision was taken at a meeting of Greece’s financial stability council on Sunday (28 June), another tumultuous day for the eurozone.
Prime minister Alexis Tsipras addressed the Greek people following an emergency meeting of his cabinet on Sunday evening to announce that the Bank of Greece was obliged to introduce capital co...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login