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Tuesday, June 16, 2015

Greece denies report of capital controls by weekend if talks fail

ATHENS/BERLIN (Reuters) - Greece's government denied a German newspaper report on a euro zone plan that involves Athens imposing capital controls this weekend if it fails to reach a deal with creditors this week, a government official told Reuters on Monday. A spokesman for the German government said he could not confirm or deny the report. The German daily Sueddeutsche Zeitung online edition said that the euro zone had agreed on a contingency plan for Greece that also involved imposing capital controls on Greek banks if no cash-for-reforms deal is reached by the weekend.


READ THE ORIGINAL POST AT uk.news.yahoo.com