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Greece's latest tourism industry news by Greek Travel Pages (gtp)

ECB Raises Funding for Greece By €900 Million, Greek Banks Expected to Reopen Next Week

The European Central Bank has decided to raise financing through the Emergency Liquidity Assistance (ELA) mechanism for Greece by 900 million euros, ECB president Mario Draghi said during a press conference in Frankfurt on Thursday.

Minister Stathakis: Banks in Greece Will Not Open This Week

Banks in Greece will open again once the European Central Bank (ECB) resumes its financing through the Emergency Liquidity Assistance (ELA) mechanism, Greek Economy, Infrastructure, Tourism and Shipping Minister George Stathakis told Bloomberg on Tuesday.

Greek Banks to Remain Closed Until Monday, July 13

Greece's "bank holiday" has been extended for another three working days, according to a ministerial decision issued late Wednesday.