5 Things You Need to Know About the Financial Meltdown in Greece

Greece said it will consider closing its banks on Monday after a wild weekend in which worried Greeks lined up at ATMs to withdraw their savings, and European banks said they would not extend the country's economic bailout past Tuesday.
At stake over the next few days are two major things: the survival of Greece's economy, which is on the edge of a meltdown if its bailout ends, and Greece's presence in the European Union, which is pushing the country to accept more stringent financial policies if it wants to stay in the group.



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