World stock markets tumble as Greece crisis deepens

Share prices slump after Athens orders banks shut until after Sunday's snap referendum, with stock exchange closed on Monday and ATM withdrawals limited to a60

Greek crisis: follow today's live updates

Share prices slumped across Europe on Monday as Greece shuttered its banks for a week following a fateful weekend that has shaken Europe's single currency.

The Greek government decided on Sunday night it had no option but to close the nation's banks the following day after the European Central Bank (ECB) raised the stakes by freezing the liquidity lifeline that has kept them afloat during a six-month run on deposits.

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