Greek debt crisis: Banks reopen amid tax rise

Greek banks are reopening after being closed for three weeks because of the deadlock over the country's debt, as the government initiates repayment of its loans to the ECB and IMF. Athens reached a cash-for-reforms deal aimed at avoiding a debt default and an exit from the eurozone. But many restrictions remain and Greeks also face price rises with an increase in Value Added Tax (VAT).  





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