Greek banks are down to their final 500 million euros

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Greek banks are down to their last 500 million euros.

Writing in The Telegraph on Thursday, Ambrose Evans-Pritchard cites the head of the Hellenic Chambers of Commerce, who told The Telegraph that, “We are reliably informed that the cash reserves of the banks are down to €500m. Anybody who thinks they are going to open again on Tuesday is day-dreaming. The cash would not last an hour.”

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