Pressure is mounting on the European Central Bank to keep Greece’s flailing banking system alive for another day, amid tentative hopes Greece will finally be granted the bail-out money it needs to avoid a debt default next week.
The possibility of capital controls was raised at an aborted meeting of eurozone finance ministers on Monday, with Belgium’s finance minister admitting EU officials had discussed the draconian measures to stop money bleeding out of the financial system.
“There were indeed different opinions; not everybody was on the same wave length with respect to capital controls” said Johan Van Overtveldt.
Germany’s finance minister Wolfgang Schaeuble is thought to have raised the possibility which was roundly dismissed by his Greek counterpart Yanis Varoufakis.
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