Jul 16, 2015

By Bob Komsic

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Greece’s international creditors have agreed to open talks on a third bailout package, give the country an interim loan to cover its debts and provide more support to its banks.

Greece has announced the country’s banks will reopen Monday after being closed for three weeks but the government cautions restrictions will be lifted gradually.

Currently, Greeks can only take out 60 euros a day.

Meanwhile, the country’s interior minister says the government’s likely to call an early election this fall, after losing support in parliament for an austerity law.

The government narrowly passed in the vote early Thursday despite 38 of its members either voting against or abstaining.

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