Greece banks will remain closed all this week after a decision by the European Central Bank not to extend emergency funding to the debt-ridden country.
In a decree issued at the weekend, the Greek government said there was an ‘extremely urgent’ need to protect the financial system due to the lack of liquidity.
Cash withdrawals will be limited to €60 (£42) a day for this period, the decree said. However, this limit does not apply to holders of foreign bank cards, although tourists in Greece might be delayed getting currency due to the long queues that have formed at ATMs.
The Foreign Office advised Britons to travel with enough cash to cover emergencies.
Athens is due to €1.6 billion to the International Monetary Fund tomorrow and it it fails to meet the deadline, there are fears it could exit the euro.
Earlier talks between Greece and the eurozone countries over bailout terms ended without an agreement, prompting Prime Minister Alexis Tsipras to call a referendum on the issue on July 5.
