Editorial photo #665974 Economy, Business and Finance

Greece defaults on the IMF

First day after Greece became the first advanced economy to default on the IMF. Wednesday July 1st, 2015 in Athens, Greece.People wait in queues from early morning outside bank branches. Banks will operate for three days in order to serve pensioners who have no withdrawal cards or debit cards. Pensioners will be able to withdraw up to 120 euros cash only once during the current week