DHAKA: Greece’s banks are quickly running out of cash, as Prime Minister Alexis Tsipras prepares to take his latest bailout proposal to the country’s eurozone creditors, days after Greek voters overwhelmingly rejected their latest bailout offer.

Officials on Monday announced that the banks would remain closed until Thursday, as the European Central Bank (ECB) slowly tightened a noose on its funding.

The daily withdrawal limits were to remain unchanged at 60 euros ($66) per account daily, reports Al Jazeera.

According to the report, Greek banks were now operating ‘under siege’, with one major Athens bank only able to keep its ATMs open on Monday after two major companies deposited their payrolls in cash.

BDST: 1600 HRS, JULY 07, 2015
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