Greek banks expect to reopen by end of next week, need recap

Senior banking source cited by RTRS:

• Greek banks have remaining liquidity cushion of about 750m euros until Monday night
• Expect banks to reopen by end of next week if deal with creditors agreed Sunday
• Daily ATM cash outflow of 80-100m euros
• Greek banks will need recapitalization of about 10-14b euros even if deal agreed with creditors

It's bizarre that Tsipras is pretty much taking what the Eurogroup offered on June 26. All he's done is sabotage his own banking industry.