In case you haven’t read the funny pages this weekend, there’s all kinds of Greek drama going on. Basically the ECB has cut off Greece’s air supply until they figure this all out for the 400th time. As a result, Greek banks and their stock market will be closed tomorrow. I have read that both may stay closed until July 5.
Capital controls that limit people’s ability to withdraw and move money out of the country are, it is safe to say, not a sign of a healthy situation by any stretch.