BREAKING NEWS: GREEK BANKS TO BE CLOSED ON MONDAY

Greek banks will be closed on Monday and capital controls will be imposed, Prime Minister Alexis Tsipras says.
Speaking in a televised address, Mr Tsipras called for calm and said bank deposits were safe. Earlier, the European Central Bank (ECB) said it was not increasing emergency funding to Greek banks.

Greece is due to make a €1.6bn (£1.1bn) payment to the International Monetary Fund (IMF) on Tuesday - the same day that its current bailout expires.
Without new emergency funds, Greece risks defaulting and moving closer to a possible exit from the eurozone.
Greeks have been queuing to withdraw money from cash machines over the weekend.
Source

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