Greece has announced that it will shut banks for a week and impose capital controls, pleading for calm after anxious citizens emptied cash machines in a dramatic escalation of the country’s debt crisis. Banks will be closed until July 6 – the day after a referendum on bailout proposals – with a 60-euro ($65) limit on ATM withdrawals, but foreign tourists, a vital engine of the Greek economy.
Greek debt crisis: Banks to remain shut all week
