The Latest: Finland’s Stubb says ‘ball in Greece’s court’

Greece’s economy minister says the European Central Bank should keep Greek banks alive so that talks can push ahead with creditors.

 

Giorgos Stathakis told the BBC that even if the ECB continues to freeze Emergency Liquidity Assistance, current cash withdrawal and transfer restrictions could stay in place until Friday without any collapse. He said the best-case scenario would be an additional 3 billion euros ($3.3 billion) in liquidity assistance.

 

But he insists the government want Greece to stay in the euro.

 

“That’s definite. That has been the slogan before the referendum,” he told the BBC. “We want to stay in the euro. We want a better deal. A more balanced deal.”

 

Capital controls were imposed last week in the wake of the failure of the country to forge a new deal with creditors.

 

Read More: The Latest: Finland’s Stubb says ‘ball in Greece’s court’ | CNS News