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Added on the 07/07/2015 23:02:45 - Copyright : Reuters EN
Greece opens its banks across the country after a three-week shutdown as Athens begins to take steps aimed at restoring trust inside and outside the country. Rough Cut (no reporter narration).
Capital controls in Greece are causing widespread pain throughout the country, including at a zoo in Athens, which is struggling to provide for its animals. Grace Pascoe reports.
Pensioners on the Greek island of Mykonos say they are angry about the effects of capital controls, and worried for their future after Greece defaulted on a loan with the IMF. Jillian Kitchener reports.
Following the European Central Bank’s decision to cut off financial support to Greece over the weekend, Prime Minister Alexis Tsipras says that capital controls will now be imposed to protect the country’s banks from mass panic.Greece will likely default on a €1.6 billion payment to the International Monetary Fund on Tuesday, the same day its bailout expires. EU lenders have refused to extend the bailout past the June 30 expiry date.
Images shot from the center of the Greek capital show fires on hills overlooking Athens as firefighters struggle to contain uncontrolled fires throughout the country for a fifth day. IMAGES
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