Alert - Greek Bank Will not open on monday so is Greek Stock market

Just came in on newswire, Greek Bank will not open on monday nor the stock market as reported on Zero Hedge and CNBC confirms it.

Despite the reassurances from any and all elected (and unelected) officials, given the run on bank ATMs in Greece has turned into a stampede, it is not surprising that:

• *GREEK BANKS TO REMAIN CLOSED FROM MONDAY FOR A WEEK: PIRAEUS BANK CEO
• *PIRAEUS BANK CEO THOMOPOULOS SPEAKS TO REPORTERS IN ATHENS

Reuters is also reporting that the Greek stock market will not open on Monday (leaving us wondering just what that will do to the Greek ETFs liquidity in US markets) as hedgers scramble to protect un-closable losses wherever they can.

Greek speculators just got CYNK’d – You can’t “sell” what isn’t open…

 

 

Greek financial source says that Athens Stock Exchange will not open on Monday – RTRS

And as Bloomberg reports, Greek depositors just got Cyprus’d 

read more at http://www.zerohedge.com/news/2015-06-28/greek-capital-controls-begin-banks-remain-closed-monday