Finance

12 photos of shockingly long ATM lines in Greece

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This weekend, there were long lines at automated teller machines across Greece after Greek Prime Minister Alexis Tsipras called late Friday night for a referendum to be held on July 5 to address an ultimatum from the country's European creditors.

Reuters reported that the lines on Saturday were so long that more than one-third of the ATMs ran out of euros and had to be replenished, a process that can take a couple of hours.

In an effort to prevent further capital outflows and deposit withdrawals the Greek banks will reportedly be closed "from Monday."

To give you an idea of the situation, check out these photos of ATM queues being shared on Twitter: 

 

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Julia is formerly a senior reporter covering finance. She wrote for Business Insider from 2011 to 2016. She studied broadcast journalism at the University of North Carolina at Chapel Hill.While at UNC, she contributed to the award-winning student-run newscast "Carolina Week" as a reporter. She was a member of the university’s equestrian team competing in the Intercollegiate Horse Show Association. She is a member of the New York Junior League. She volunteers with Project Sunshine and is a mentor to an area high-school student via Futures & Options.Julia is a Half Ironman finisher and a New York City Marathon finisher. She was Miss New York United States 2014.