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Economy reboots amid tough reforms, tax hike

By Agencies in Athens, Greece | China Daily | Updated: 2015-07-21 07:53

Greek banks reopened on Monday after a three-week shutdown imposed to stop a run on ATMs from crashing the financial system.

But people woke up to widespread price rises as part of a cash-for-reform deal with the country's creditors.

The bank shutdown since June 29 is estimated to have cost Greece's crisis-hit economy 3 billion euros ($3.3 billion) in market shortages and export disruption.

Economy reboots amid tough reforms, tax hike

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