Greece Extends Capital Controls, Bank Holiday Through Friday: Reports

Greece's banks will remain closed for the rest of the week and not open on Thursday as previously planned, media reports said on Wednesday. Capital controls that cap ATM withdrawals for Greeks at 60 euros a day ($66) will also stay in place through Friday. The extended bank holidays come after eurozone leaders gave the Greek government a deadline of Sunday to agree on a reform deal with lenders to stay in the eurozone. Leaders from all 28 European Union countries will meet for an emergency summit on Sunday to discuss the future for Greece. The Greek finance ministry is expected to issue an official decree on the extended bank holiday later on Wednesday.