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Greece: Security deployed outside banks as huge queues form00:40

Greece: Security deployed outside banks as huge queues form

Greece, Athens
July 2, 2015 at 17:57 GMT +00:00 · Published

Security personnel were deployed outside Greek banks to keep the long queues in check, as a few opened their doors to help pensioners without ATM cards, in Athens, Thursday.

Greece has missed its deadline for the €1.6bln ($1.79bn) payment owed to the International Monetary Fund (IMF) on June 30 and talks with its lenders - the IMF, European Central Bank (ECB) and European Commission (EC) - have come to halt since Greek Prime Minister Alexis Tsipras announced that the country would hold a referendum on whether to accept the suggested bailout plan. Since then, limits on cash withdrawals have been imposed and banks have been all but shut, until the upcoming referendum on Sunday July 6.

In the referendum, residents can vote if the country should accept the austerity measures imposed by its lenders.

Greece: Security deployed outside banks as huge queues form00:40
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Security personnel were deployed outside Greek banks to keep the long queues in check, as a few opened their doors to help pensioners without ATM cards, in Athens, Thursday.

Greece has missed its deadline for the €1.6bln ($1.79bn) payment owed to the International Monetary Fund (IMF) on June 30 and talks with its lenders - the IMF, European Central Bank (ECB) and European Commission (EC) - have come to halt since Greek Prime Minister Alexis Tsipras announced that the country would hold a referendum on whether to accept the suggested bailout plan. Since then, limits on cash withdrawals have been imposed and banks have been all but shut, until the upcoming referendum on Sunday July 6.

In the referendum, residents can vote if the country should accept the austerity measures imposed by its lenders.

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