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The European Central Bank announces a lending cap on Greece's struggling banks, exacerbating the ongoing run on the nation's banks. The situation worsens as Greece closes its banks until July 6 and imposes limits on ATM withdrawals. The Athens Exchange also remains closed, indicating the financial turmoil faced by the country. These developments occur ahead of a crucial referendum on whether Greece should exit the Euro currency, adding further uncertainty to the economic crisis.
Saturday, 27 June, 2015