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ANSA: Greek govt to request 7-bln-euro ‘bridge’ loan

Cash in Greek banking system evaporating … in 60-euro increments!

Greek PM Alexis Tsipras will ask European partners for an immediate disbursement of seven billion euros within the next 48 hours, as cash is running out in the Greek banking system, despite a continuing “bank holiday” and capital controls limiting withdrawals to 60 euros per day, per account.

According to reports, Tsipras will request a ‘bridge’ loan so the country can cover its overdue payments — primarily to the IMF and ECB — and avoid default.