Economics

How Bad Is ‘No’ for Greek Banks? Analysts Split on ECB Lifeline

Did Tsipras Push Out Varoufakis Post Referendum?

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Greece’s “no” vote, rejecting further austerity demanded by creditors, left analysts and financial researchers rushing to predict whether the European Central Bank will continue providing the nation’s banks with aid -- and what will happen without it.

The ECB meets Monday to discuss extending a new lifeline to Greek lenders, which have been closed for a week by Prime Minister Alexis Tsipras to stem withdrawals and preserve capital. Without an injection from the ECB -- or a lower withdrawal limit -- ATMs will start running dry soon, Louka Katseli, chairwoman of the National Bank of Greece, said Friday.