ABOVE: World markets tumbled this morning as Greece closed its banks in a last ditch effort to avoid a financial meltdown
TORONTO – Greece’s banks remain closed Monday morning, and will remain closed through Monday, July 6.
Restrictions on cash withdrawals from ATMs are limited, and didn’t start dispensing money until the afternoon. People lined up all day to try to get their daily allotment of 60 euros ($66).
READ MORE: Greece orders banks to remain closed Monday to avert financial collapse
Anxious greek pensioners waited for hours outside banks to hoping to receive their pensions.
READ MORE: Pensioners swarm closed Greek banks amid withdrawal limits
The country’s stock exchange is also closed for the week.
Foreign credit and bank cards aren’t affected by the limit, meaning Greece’s thriving tourism industry can continue as normal.
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