Stock markets in Europe, Australia and Asia including India, China, Japan, Hong Kong, South Korea have seen big falls after Greece closed its banks and imposed capital controls. Greet authorities took the move after the European Central Bank decided not to extend emergency funding. On the currency markets, the Euro had fallen to 1.095 dollar at one point in Asian trading from 1.116 on Friday but it then recovered some ground. Elsewhere in Europe, Germany's Dax share index and France's Cac40 were both down more than 4 percent. The Athens stock exchange closed on Monday.