×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
23
Aug 2026
weather symbol
Athens 27°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Varoufakis: No issue of … bail-in (that’s ‘haircut’ of bank deposits)

Of course, hours before cap controls were announced on Sunday, he said the Greek government opposed the "very concept"

Newsroom July 1 09:15

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

Days after flatly rejecting reports of capital controls… Yanis Varoufakis on Tuesday said there was “no issue of a bail-in”, i.e. a “haircut” of deposits in Greek banks.

His now famous statement on Sunday afternoon, namely, precluding capital controls, came hours before such a measure was announced, and implemented a day later. Moreover, a bank holiday for Monday turned into a week-long closure of banks in the country.

yanis_cap_controls

>Related articles

Metlen: Historic milestone with first waste combustion at the Protos ERF facility in the UK

Athens Airport opens a bridge to the U.S. West Coast as Alaska Airlines operates the longest flight in its history

Oil: New Brent rally above $93 amid Trump’s economic war on Iran

Returning to the limelight on Tuesday, he ruled out a bail-in, speaking to reporters after the conclusion of a Eurogroup teleconference.

 

In other matter, he said the main obstacle between Athens and its creditors is the issue of debt.

Ask me anything

Explore related questions

> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Two dead in shooting at apartment block entrance in Nea Smyrni

August 23, 2026

Canada-US trade talks collapse as Ottawa announces retaliatory tariffs

August 23, 2026

Police arrest helicopter passenger over drugs after Spetses beach landing on a beach

August 22, 2026

Madonna’s partner posts Greek holiday photos and declares his love in Greek

August 22, 2026

Secret tanker crossings are keeping oil prices from soaring through the Strait of Hormuz

August 22, 2026

‘Thieves are breaking into the house!’: Father of 18-year-old describes son’s ordeal with 3 intruders in Nea Penteli

August 22, 2026

Island Hopping, One Beer at a Time: 12 Bottles Worth Chasing Across Greece

August 22, 2026

Greek PM to unveil tax cuts and record debt reduction at Thessaloniki Fair

August 22, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα