Greek banks to go bankrupt Monday if no debt deal – FT

Greek banks to go bankrupt Monday if no debt deal – FT

As cash withdrawals from Greek banks reach €100 million a day the country’s banking system will end up bankrupt on Monday if no deal with creditors is reached over the weekend, some senior bank executives told the Financial Times (FT) on Friday.

Cash withdrawals are at a high rate despite capital controls imposed by the Greek government.

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