Greek banks ready to open branches after 3 weeks

Q.  After how many weeks, Greek banks are ready to open their branches across the country?
- Published on 24 Jul 15

a. 3 weeks
b. 4 weeks
c. 2 weeks
d. 5 weeks

ANSWER: 3 weeks
Greeks will be able to withdraw 420 euros a week at once instead of just 60 euros a day, but the limit will effectively remain the same and capital controls will also stay in place. The shutdown is estimated to have cost the economy some 3 billion euros in market shortages and export disruption. Greece prepared yesterday to restart its struggling economy with a revamped government, a bank reboot and a new round of tax hikes agreed after months of fraught confrontation with its creditors.

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