5 things you need to know about Greece's financial meltdown

Greece said it will close 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

See also: Lines form at Greek banks as PM Tsipras calls historic bailout vote

The main questions are: Will Greece default on its debt, and if it does, will it be forced to leave the euro? Read more...

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