Greeks are preparing for the worst

2 posts / 0 new

With an election looming at the end of the week – Greeks are preparing for the worst-case scenario: an exit from the euro and an ensuing economic crisis. Polls show that the leftist SYRIZA Party, which is against austerity and wants to cancel the Greek bailout, is winning by a slim margin heading into Sunday’s election.

A SYRIZA Party victory could mean the end of Greece and the Eurozone. Bankers in Greece say that as many as one billion euros a day are being withdrawn from Greek banks and used to stock up on food like pasta and canned goods. Whatever the pain a Eurozone exist might bring to Greece – it can be worse than five years of recession and austerity that has pushed the Greek people to the brink and forced many to literally commit suicide. It’s time to just rip the band aid off.

Thom Hartmann Administrator's picture
Thom Hartmann A...
Dec. 29, 2009 9:59 am


SYRIZA took second place; no party has the majority. If they can't form a government, there will be another, third, election. That Samaras guy seems more worried about "Europe" than Greece. Spain is getting much better conditions than Greece or Ireland. I guess the little guys get beat up.

nimblecivet's picture
Jul. 31, 2007 3:01 pm

Latest Headlines

Obama to veto legislation on refugee screening

President Barack Obama would veto a Republican bill introduced in the wake of the Paris attacks to toughen the screening process for Syrian refugees

New York officials: No credible ISIS threat against city

There is no credible threat to New York City at this time, officials said

China denies torturing political prisoners

A Chinese delegation denied mistreatement of prisoners held in police stations and deaths in custody

Why the Kochs Really Embraced Criminal Justice Reform...

It looks like the Koch brothers have scammed us once again.

When news first came out that Charles and David Koch -- the Koch brothers -- were supporting criminal justice reform efforts in Congress, many of us thought, "Wow, they're actually doing something good for once."

And for good reason, too.

Powered by Drupal, an open source content management system