Economics
Greece Extends Bank Holiday, Capital Controls Through Wednesday
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Greece’s creditors are turning up the heat on Prime Minister Alexis Tsipras to devise a plan to stay in the euro, as banknotes become more scarce and the nation was forced to extend capital controls.
After voters emphatically endorsed Tsipras’s call for a “no” to more austerity in Sunday’s referendum, European finance ministers are waiting for a proposal to re-start bailout talks. Tsipras and the leaders of three opposition parties said in an unprecedented joint statement they all supported efforts to seal a deal.