Banks to close as Greece faces collapse of its economy

Greek banks and the stock exchange will be shut tomorrow as creditors refused to supply new bailout cash. Account holders are lined up all over Greece trying to get their money out. Other European nations warned travellers to Greece to make sure they have enough Euros to get in and out of their vacation destination. The Greek banks have been kept afloat by emergency funding from the European Central Bank. That funding is now being slowly turned off. It is expected that the Athens government will default on a €1.6 billion payment due to the International Monetary Fund on Tuesday.