Unlocked

AFTER being closed for three weeks, Greek banks at last pulled up the shutters on July 20th. Cash withdrawals remain limited and strict capital controls are still in place, but the reopening is an important stage in the return to some sort of normality. It was made possible by the European Central Bank’s decision on Thursday to permit an extra €900m ($975m) of “emergency liquidity assistance” from the Bank of Greece to the banks. This was in turn facilitated by the Greek...

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