Stock markets throughout Europe and Asia have suffered in the wake of an announcement by Greece on Sunday that banks will remain closed for the next six days.

The FTSE 100 fell 2% in early trading this morning, with travel and leisure stocks leading the fall; events in Greece, as well as holiday companies evacuating tourists from Tunisia after Friday’s terrorist attacks, have both had an impact.

Japan’s Nikkei index, Germany’s Dax index and France’s Cac 40 all fell nearly 3% this morning, and the Athens Stock Exchange is closed all week.