Meltdown as the shutters stay locked at Greek banks: Branches may stay shut until July 7th as ministers draw up plan for capital controls

‘Greek banks have been ordered to shut their doors on Monday as desperate savers try to withdraw their cash before the country slides into total financial meltdown.

Ministers in Greece’s far-Left government were drawing up plans on Sunday night to impose ‘capital controls’, but it was reported that banks could be closed until July 7 and people limited to taking out 60 euros (£42) a day.

A Greek banking source said only 40 per cent of automatic teller machines still had money in them.
Locals and holidaymakers formed long queues at those still dispensing cash in Athens and Crete at the weekend, and £1billion in euros is believed to have been withdrawn in just 24 hours.’

Read more: Meltdown as the shutters stay locked at Greek banks: Branches may stay shut until July 7th as ministers draw up plan for capital controls 

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