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Greece debt crisis live: Varoufakis threatens to sue if Greeks forced out of euro Greece debt crisis live: Too late for bailout extension to repay €1.6bn debt, German offical says
(about 2 hours later)
Here are the latest updates:Here are the latest updates:
Greece threatens legal action to block its exit from the euroGreece threatens legal action to block its exit from the euro
Greece will have to leave euro if it votes no in referendumGreece will have to leave euro if it votes no in referendum
Athens has just one day to find €1.6bn as it edges nearer euro exitAthens has just one day to find €1.6bn as it edges nearer euro exit
Greece travel advice Q&A: Tourists urged to bring cash not cards on holidayGreece travel advice Q&A: Tourists urged to bring cash not cards on holiday
What are capital controls and how do they work?What are capital controls and how do they work?
  
  
Please wait for a moment wile the Liveblog loadsPlease wait for a moment wile the Liveblog loads
Alexis Tspiras, the Greek prime ministers, has put in place capital controls to restrict the movement of cash in Greece and stop the banks from collapsing. Greeks are still able to withdraw a maximum of €60 a day and officials say there is no limit on the amount that can be withdrawn by foreign accounts. People can also still pay their bills online.Alexis Tspiras, the Greek prime ministers, has put in place capital controls to restrict the movement of cash in Greece and stop the banks from collapsing. Greeks are still able to withdraw a maximum of €60 a day and officials say there is no limit on the amount that can be withdrawn by foreign accounts. People can also still pay their bills online.
Nonetheless, share prices across the eurozone fell on Monday as investors showed their concern that Greece had decided to close its banks for six business days. In London, the FTSE 100 exchange fell by 150 points, more than 2 per cent. Exchanges in German and France fell by 4 per cent.Nonetheless, share prices across the eurozone fell on Monday as investors showed their concern that Greece had decided to close its banks for six business days. In London, the FTSE 100 exchange fell by 150 points, more than 2 per cent. Exchanges in German and France fell by 4 per cent.