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Fourth echelon

Greek Banks And Stock Exchange In Shutdown

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Banks in Greece and the country's stock exchange will be shut all week in a sign of the deepening financial crisis.

 

The drastic move comes after people rushed to withdraw their cash amid panic ahead of the referendum on bailout terms.

Under the controls, there will be a daily €60 limit on withdrawals from cash machines, which will reopen on Tuesday.

The euro fell sharply against the dollar amid investor jitters of a Greek debt default and exit from the eurozone.

Speaking in a televised address, Prime Minister Alexis Tsipras urged calm and insisted bank deposits were safe.

http://news.sky.com/story/1509799/greek-banks-and-stock-exchange-in-shutdown

 
 
 

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DOW is down 200 so far today too.

Closed at -350.....what will tomorrow bring?

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Closed at -350.....what will tomorrow bring?

I am awaiting the opening bell with an eye on it.

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