Q167: When will Greek banks re-open?
Before July 6th: 20%
On July 6th: 50%
After July 6th: 30%
(A substantial number of banks must re-open to trigger this question)
In the context of the uncertainty associated with the Greek bailout negotiations, the Greek government has decided to close banks this week (see article here), although this could be extended Banks are scheduled to be re-opened on July 6th. Greece may be forced to default on an IMF payment on June 30th, and is scheduled to hold a referendum on the last creditors' proposal on July 5th.
I think that banks will probably re-open on the scheduled date. If they do not, they are more likely to be closed for a longer period of time than a shorter period. It is possible that they will re-open early if the crisis is solved.
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