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Greek shut its banks and imposed capital controls in a dead-of-night
announcement designed to avert the collapse of its financial system as
the country edges closer to an exit from the euro.
The measures, which were announced just before 3 am
in Athens, limit daily cash withdrawals to €60 and ban payments and
transfers abroad, according to the decree.
Banks will be closed for a week and also its stock exchange expected to be closed.
