Author Topic: One way to start a conversation about Greece  (Read 4249 times)

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chryspano

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It's too late for the Greeks to do anything now, most people that saw it coming moved their money either under their mattresses or in banks out of Greece. I don't know how the banking system works but if ECB has the power to enforce a "savings haircut" in Greece then it will happen even if this means that euro will take a hit. There is a MASSIVE campaign in Greece from the old corrupt system to sway public opinion and they will use every weapon they can to create fear.

You can see with how much time the mainstream media covered the "No"(29/06) and "Yes"(30/06) "protests". 


Offline Murderistic

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Very true, but what happens if banks go ahead and take savings? 

If Greeks had this card they would not be limited....

But even more so, they could site in something other than Euro, and feel safe their savings were not to risk.

chryspano

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Yes,  the 60€ limit is not aplying in turists, everyone that had his card issued in a country other than Greece is safe.