Greece in Turmoil

PowerPoint Show by Andrew

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Over the past week, Greece and its place in the European Union has fallen deeper into uncertainty. On Monday, June 29, capital controls were enforced, shuttering banks and limiting the amount of cash Greeks can access. Long lines formed at ATMs.

Pensioners reacted with shouts and tears as they were not able to receive the money they usually collect at the end of each month. Stock markets around the world suffered. On Tuesday, Finance Minister Yanis Varoufakis confirmed that Greece would not pay its debt, making it the first developed country to default to the International Monetary Fund. Over the weekend, the Greek people voted to reject the creditors’ deal for more austerity measures in exchange for rescue loans. Greek and European Union leaders continue to search for a solution.

A riot police officer stood guard in front of the parliament building during an anti-austerity rally in Athens on the evening of June 29.

Protesters gathered in front of the Greek parliament in Athens as some 17,000 people took to the streets of Athens and Thessalonique to say 'No' to the latest offer of a bailout deal Monday, June 29.

Protesters shouted during a demonstration in front of the Greek parliament in Athens.

A man reacted as he looked at stock market prices at a brokerage house in Shanghai, China on Monday, June 29.

The maximum ATM withdrawal was limited to 60 Euros and some were out of service on Monday, June 29.

A camera control light frames German Chancellor Angela Merkel (right) and Vice Chancellor and Economy Minister Sigmar Gabriel, who briefed the media on Monday, June 29 at the chancellery in Berlin after a meeting with leaders of all parties represented in the German parliament about the economic crisis in Greece.

Drivers waited to fill their cars and scooters at a filling station in Athens on Monday, June 29.

Pensioners waited outside a closed National Bank branch and argued through the door with a bank employee in Iraklio on the island of Crete on June 29.

People lined up to use an ATM outside a closed bank in Athens on June 30.

Pro-Euro protesters gathered in front of the parliament building in Athens on Tuesday, June 30 to rally in support of a bailout deal.

A customer in a coffee shop reacted while watching Greek Prime Minister Alexis Tsipras' live television address in Athens on Wednesday, July 1.

Since many pensioners do not own debit cards, some Greek banks opened to allow them to access cash on July 1.

Anti-Euro protesters scuffled with riot police at the European Union Representation offices in Athens, Greece, July 2.

Demonstrators burned a European Union flag during a rally supporting the "no" vote outside the European Union office in Athens, July 2.

Greek Prime Minister Alexis Tsipras delivered a speech at an anti-austerity rally in Syntagma Square in Athens, July 3.

Pensioners waited outside a National Bank branch in Athens to receive part of their pensions on Monday, July 6, one week after capital controls began.

Members of the European Parliament held posters reading, "Oxi," the Greek word for no, during a debate at the European Parliament in Strasbourg, France, July 6.

A sign outside the Bank of Greece in Athens is defaced with graffiti to read, "Banque de Merkel," July 6.

Outgoing Greek Finance Minister Yanis Varoufakis put his helmet on to leave, surrounded by media after his resignation in Athens, July 6.

An electoral worker waited for voters at a polling station in Athens, July 5.

A "no" vote supporter flashes a victory sign before a Greek flag atop the parliament in Athens, July 5.

Supporters of the "no" vote reacted with a kiss at Syntagma square in Athens, after the first results of the July 5 nationwide referendum were announced.

Retiree Giorgos Chatzifotiadis had queued up at three banks in Greece's second city of Thessaloniki hoping to withdraw a pension on behalf of his wife, but all in vain.

A demonstrator wore a shirt reading, "We are all Greek," during a rally for the Greek referendum at Piazza Farnese in downtown Rome on July 3.

A group of tourists took a selfie in front of the temple of the Parthenon atop the Acropolis in Athens, July 2.

People made their way past a "YES to greece, yes to Euro" poster sprayed with a graffiti reading, "NO," on July 2.

Pensioners were allowed to cash out up to 120 Euros.