Greek banks will re-open on Tuesday – Varoufakis

FXStreet (Mumbai) - As per the Bloomberg reports, Greek finance minister Varoufakis said that Greek banks are not insolvent and will re-open on Tuesday.

On deal with creditors

Varoufakis added that the “deal is in the offing”, and it is “more of less done”, while stating that Greece will stay in Euro. Varoufakis also said that a ‘No’ vote would lead to accord that will have debt relief included.

The finance minister also said IMF Proposal Is ‘Music To His Ears’ and that Greek debt is unsustainable.