ECONOMY

Greek banking officials meet with government

greek-banking-officials-meet-with-government

Top banking officials in Greece are meeting with Finance Minister Yanis Varoufakis, Deputy Prime Minister Yannis Dragasakis and Alternate Finance Minister Dimitris Mardas.

A finance ministry official says the meeting is being attended by the deputy governor of the Bank of Greece and the managing directors or presidents of the country's five largest lenders: Piraeus Bank, Alpha Bank, Eurobank, Attica Bank and National Bank of Greece as well as the secretary general of the Greek banking association.

The meeting comes as Greece gears up for its referendum Sunday and on the fifth day of restrictions on banking transactions, with Greeks limited to 60 euro daily withdrawal limits. Many ATMs have run out of 20 euro notes, meaning the limit for many has effectively been reduced to 50 euros.

The official, who spoke only on condition of anonymity in line with government rules, did not reveal what was being discussed.

[AP]