Greek Banks to Open Monday as Next Parliamentary Vote Looms

Greek banks will reopen for basic services on Monday, three weeks after they were shut to prevent their collapse, as Prime Minister Alexis Tsipras prepares for a second parliamentary vote crucial to securing a bailout.

Greeks will regain banking services including the ability to deposit checks and access safe deposit boxes, the government said in a decree yesterday. Although customers will continue to face restrictions on cash withdrawals, the daily limit of 60 euros ($65) will be replaced by a cumulative maximum of 420 euros a week.