As of now, citizens can only access a small amount of money every day from the dwindling cash reserves.
According to the BBC, Prime Minister Alexis Tsipras has said Greeks made a "brave choice" in voting to reject the terms of an international bailout in Sunday's referendum.
Tsipras said that Greece will be back at the negotiating table today.
Banks have been closed since last Monday after the European Central Bank declined to give Greece more emergency funding.
The BCC reports that withdrawals at cash machines have been limited to €60 per day (roughly $67 American dollars).
So what countries are waiting for their debts to be returned?
Forgiving this debt can get the Greek economy back on its feet. However, Germany, the major creditor to Greece, is leading the charge in resisting to do so, the Associated Press reports, even though Germany knows better than most what debt relief can achieve:
After the hell of World War II, the Federal Republic of Germany — commonly known as West Germany — got massive help with its debt from former foes.
Among its creditors then? Greece.
The 1953 agreement, in which Greece and about 20 other countries effectively wrote off a large chunk of Germany's loans and restructured the rest, is a landmark case that shows how effective debt relief can be. It helped spark what became known as the German economic miracle.
What do you think? Is it ironic, even hypocritical, that Germany is among the countries resisting Greece's requests for debt relief? Sound off below!
The views and opinions expressed herein are those of the authors alone and do not necessarily reflect the views of Ora Media, LLC its affiliates, or its employees.
More from Jesse Ventura's Off The Grid
Jesse Ventura: How Bernie Sanders Sold Out
Jesse Ventura remembers his hero, Muhammad Ali
Jesse Ventura: Snowden performed public service & is a hero
Jesse Ventura: Why voters should listen to Gov. Gary Johnson
Jesse Ventura: Clinton will do anything to win, even pick Sanders as VP
Jesse Ventura: Here's one reason why I can’t be president
Is there hope for our economy? Most Americans don’t think so.
Jesse Ventura: I am not running for president