US EUROPE AFRICA ASIA 中文

Economy reboots amid tough reforms, tax hike

By Agencies in Athens, Greece ( China Daily ) Updated: 2015-07-21 07:53:06

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

Most Popular
Special
...