The Greek government has confirmed that banks will be closed all week، after a decision by the European Central Bank not to extend emergency funding.
In a decree، it cited the “extremely urgent” need to protect the financial system due to the lack of liquidity.
Cash withdrawals will be limited to €60 (£42; $66) a day for this period، the decree says.
Athens is due to make a €1.6bn payment to the IMF on Tuesday – the same day that its current bailout expires.
Source: BBC