My Way News - Tsipras defiant as banks shut, markets rocked
My Way News reports: "Anxious pensioners swarmed closed bank branches Monday and long lines
snaked outside ATMs as Greeks endured the first day of serious controls
on their daily economic lives ahead of a referendum that could determine
whether the country has to ditch the euro currency and return to the
drachma. [...] Greece's bailout program ends Tuesday, when the country is unlikely to make a 1.6 billion euro ($1.8 billion) repayment to the International Monetary Fund. But Athens and creditors from the IMF and the eurozone failed to agree on the terms of an extension."
Comment: Things are not looking good for the eurozone. Will this rock the foundations of European unity or will the EU emerge from this stronger than ever? Stay tuned!
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