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Greek banks to reopen Monday after 3-week shutdown

LONDON. KAZINFORM - Banks in Greece will reopen for business Monday for the first time in three weeks after the European Central Bank decided to increase its emergency funding for the debt-ridden country's financial system, the Greek Finance Ministry said Saturday.
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Some capital controls will remain in place such as a withdrawal limit of up to 420 euros a week and an overseas transfer ban. A hike in the value-added tax on restaurant bills from 13 percent to 23 percent will also take effect on Monday. Source: Kyodo

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