BREAKING: Greece: bank holiday on Monday & introduction capital controls !

[Miracal]

A bank holiday involves closing banks thereby limiting the ability for funds to be withdrawn. It is typically implemented to avoid a bank run. If the bank holiday could be avoided, it is only possible if Capital controls are exercised as an alternative. Removing them could be a little consuming then, though.

[Erdogan]

Good.

At last, this is getting real. We shall see a solution to the Greek problem which has been damaging around Europe for more than a decade.
The Greeks cannot more money out of their country, and other Europeans cannot send them money. We'll see how they behave now that they're all by themselves.

https://www.youtube.com/watch?v=-qR0Uke2XNI

You seem to have a vile hatred towards the Greeks but you don't realise that this is not just a Greek problem and this western lifestyle that was brainwashed into the minds of the modern Greeks since world war 2 to live beyond their means and live on credit and be part of the fractional reserve banking system is not just a GREEK ONE..

Yes I agree, the Greeks bought into this matrix lie, Yes I agree Greece had a bunch of nasty and greedy corrupt politicians who colluded with the Elite to milk the country dry but that is not the only problem..The problem is that now the Greeks have lost almost everything I don't know if they have the spiritual will to get up and fight for themselves to create real and lasting change in their country..We will find out next week if they have the guts..but don't blame the Greeks only that it is their problem.. believe me there is more than one side to this story. Anyone that tries to fight the status quo gets hammered down, I even saw it here in the crypto community as well..and I experienced it first hand. If Greeks can reshape their destiny and become pioneers again then all well and good but yes if they become peripheral slaves to a nasty banking and corrupt economic system then they are deserving of their fate..and I will be very sad and sorry to see my Brethren across the seas give into lies and FUD and Fear imposed on them by the mighty banking Elites. I didn't mean that in a bad way but I see this is the greatest opportunity for the Greeks to arise to their true intelligence and courage..if they do, there will be wonderful rewards for them in the near future.. I know from my own experience as I have also been through ground zero and homelessness and destitution and I know that with real will if I could get out of that mess when I did a few years ago, so can Greece..

Every welfare state in europe have the same problem. The greeks just happenend to go out of money first.