ECB Bars Access to Four Greek Banks

2:00 AM ET Thu, 17 May 2012

Sony Kapoor, managing director of Re-Define, told CNBC, "This was a technical decision and it just had unfortunate timing to come on the same day that you had European leaders warning Greek politicians and warning the Greek public that if they did not stick to the terms of the bailout they would have to make a choice to leave the euro."