Greece's banks are being overrun and tourists are being screwed over at ATMs
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The situation is getting worse - tourists are being hit with big charges, while locals are panicking that the banks won't reopen any time soon.
The government shuttered banks and placed a €60 (£42.30, $66.40) daily cash withdrawal limit for citizens at the weekend after announcing plans for a referendum on bailout proposals this Sunday (July 5).
It has led to crazy, long queues, pensioners crying on the streets, and panic from people that the banks still won't reopen on Monday.
On BBC Radio 4's Today programme, one Greek bank employee told the show: "We speak to our clients, some of whom are crying. The government said we'll be open next Tuesday but I don't believe that will happen. I think it'll take much longer to open banks again. They don't have cash, they won't be able to give any money to clients."
Reports have surfaced that some banks are completely running out of money while locals reported that they are unable to take out €60 worth of cash because there are no €20 or €10 in the machines.
Even though tourists are not affected by daily withdrawal limits, some are now reporting that Greek banks are hitting them with big charges, when going to the ATM.
@SmarterTravel TAKE CASH TO GREECE! JUST GOT ??AT THE ATM. 2000€=2258€ HIT??
- Mr. Elder (@cavalac2001) July 3, 2015
This week, the Greek Embassy sent out emails reassuring people that it's safe for tourists to visit despite the bailout crisis.
Yorgos Dardavillas, the press officer at the Greek Embassy in London, said in an email on Tuesday: "The tourists who are already here and those who are planning to come, will not be affected in any way by the events and will continue to enjoy their holiday in Greece with absolutely no problem."
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