×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
27
Oct 2026
weather symbol
Athens 15°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by
> 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

Airbnb listings in Greece fall by thousands as restrictions deter property owners

Margaritis Schinas at Cantina Academy: €1bn investment in water management by 2034

Brent crude tops $112 as European gas prices remain near four-year highs

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

Elections in Israel: Will the ballot box lead to a deadlock or Netanyahu staying in power?

October 27, 2026

What Liolios claimed in his defense against the 49 charges He faces: “I had no involvement, they tried to blackmail me”

October 27, 2026

Mitsotakis returns to Northern Greece with an eye on ND’s right wing – Behind the scenes of Bekiris’s departure

October 27, 2026

The “Horiatiko” case: 500 companies, Angelos Giannakopoulos’s business ventures in Mykonos and Rhodes, and the role of Rizos Rizos

October 27, 2026

New Severe Weather Bulletin warns of strong storms in 9 regions today, with a “Red Alert” for October 28

October 27, 2026

Horiatiko Bakeries: Serious criminal charges filed against 59 suspects, including nine felonies and two misdemeanors

October 26, 2026

Belgium temporarily postpones ban on smoking in outdoor spaces

October 26, 2026

Invalid, baseless and contrary to international law: Greece, EU, Egypt, Cyprus, Bahrain and UAE issue joint statement at UN on Turkey-Libya maritime deal

October 26, 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