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Business News/ Photos / ATMs run dry as Greece closes banks triggering a financial crisis

ATMs run dry as Greece closes banks triggering a financial crisis

6 Photos . Updated: 29 Jun 2015, 05:48 PM IST Livemint

Anxious Greeks are rushing to ATMs to withdraw cash as Greece has imposed restrictions on money withdrawals and banking transactions to keep its financial system from collapsing

Banks will remain closed from Monday until at least next Monday, July 6, the day after the referendum on the creditors’ reform proposals. Many ATMs saw long lines on Sunday after announcement that banks will remain closed for a week.

1/6Banks will remain closed from Monday until at least next Monday, July 6, the day after the referendum on the creditors’ reform proposals. Many ATMs saw long lines on Sunday after announcement that banks will remain closed for a week.

Anxious Greeks emptied cash machines amid fears at many places. Though credit and debit card transactions within the country are not limited, many retailers were already not accepting cards on Monday morning, and were demanding cash payments. AFP

2/6Anxious Greeks emptied cash machines amid fears at many places. Though credit and debit card transactions within the country are not limited, many retailers were already not accepting cards on Monday morning, and were demanding cash payments. AFP

Cash withdrawals from ATMs in Greece will have a daily limit of 60 euros ($67) per card. Many people found ATMs out of cash and are worried as to when they will be able to withdraw money. Reuters

3/6Cash withdrawals from ATMs in Greece will have a daily limit of 60 euros ($67) per card. Many people found ATMs out of cash and are worried as to when they will be able to withdraw money. Reuters

Greek pensioners also queued up on Monday to collect their pensions. Anxious pensioners, seen here waiting to collect their pension payments from a National Bank of Greece SA bank branch in Thessaloniki. Bloomberg

4/6Greek pensioners also queued up on Monday to collect their pensions. Anxious pensioners, seen here waiting to collect their pension payments from a National Bank of Greece SA bank branch in Thessaloniki. Bloomberg

People, most of them pensioners, argue with a staff member of a closed National Bank branch at the bank’s headquarters in Athens, Greece. Reuters

5/6People, most of them pensioners, argue with a staff member of a closed National Bank branch at the bank’s headquarters in Athens, Greece. Reuters

Greek protesters during a demonstration calling for an exit from the eurozone and a “No” vote in the upcoming referendum in Athens. Greece’s move has brought the prospect of it being forced out of the euro into plain sight. AFP

6/6Greek protesters during a demonstration calling for an exit from the eurozone and a “No” vote in the upcoming referendum in Athens. Greece’s move has brought the prospect of it being forced out of the euro into plain sight. AFP

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