Greek debt crisis: Banks 'to stay shut on Monday'

Greek banks will be closed on Monday, the head of the Piraeus Bank has said after an emergency meeting of the country's Financial Stability Council.

The Greek cabinet is due to meet later, with an announcement to follow. Earlier, the European Central Bank said it was not increasing emergency funding to Greek banks.

Banks are expected to shut while capital controls are put in place. That in turn could push Greece towards leaving the eurozone.

Πηγή: bbc.com