Greek banks to stay shut all week amid debt crisisJune 29, 2015 - 10:13 AMT PanARMENIAN.Net - The Greek government has confirmed that banks will be closed all week, after a decision by the European Central Bank not to extend emergency funding, BBC News reports. In a decree, it cited the "extremely urgent" need to protect the financial system due to the lack of liquidity. Cash withdrawals will be limited to €60 ($66) a day for this period, the decree says. Athens is due to make a €1.6bn payment to the IMF on Tuesday, July 2 - the same day that its current bailout expires. Earlier talks between Greece and the eurozone countries over bailout terms ended without an agreement, and Prime Minister Alexis Tsipras then called for a referendum on the issue to be held on 5 July. The parliament later ratified the plan to hold a referendum. Greece risks default and moving closer to a possible exit from the 19-member eurozone. The euro has fallen 2% against the dollar in Monday morning trading in Asian markets. Photo: UPI Related links: Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenia, Russia discuss life extension of Metsamor nuclear plant Issues regarding the extension of life of the 2nd power unit of the Armenian Nuclear Power Plant were discussed in Yerevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |