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PBS News Hour

On brink of default, Greece imposes cash crunch

Season 2015 Episode 1800 | 4m 11s

The Greek government closed all banks and made ready to default on a major debt payment after bailout talks with international creditors collapsed over the weekend. Greeks lined up at ATMS and rushed to gas stations, but were met with limits to prevent a full-on run on the banks. Special correspondent Malcolm Brabant reports from Athens.

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