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Tuesday, October 25, 2011

Greek Bank Run Getting Serious – Citizens Queue Up in Greek Banks

Fear of debt cut plunder their accounts here, the Greeks

Shares on the stock market crash

Fear of debt section: Greeks plunder their accounts
Queue outside a branch of the "National Bank of Greece" in Athens. Many Greeks are afraid of debt cut to bring their money in advance in safety
 
Photo: Giorgos Moutafis
24.10.2011 - 22:03 clock
Paul Ronzheimer (eg zt. Athens)
 
Athens - It's depressing scenes from a country close to bankruptcy!
 
Monday morning, 7.40 clock in the district of Athens, "Agia Paraskevi". We, the BILD reporters are witnesses, such as in front of a branch of the "National Bank of Greece" is a snake, the Greeks want right after the opening at 8:00 on the clock switch. Pensioners Evagelos Dimitros (73): "I come here to immediately pick up my pension € 300. Who knows what else happened today. My money is safe only when it is at home. "


The EU plan for an average debt of up to 60 percent for many Greeks is nothing other than a bankruptcy.
 
The Greek banks already reacted violently broke up yesterday, the intended "solution" in the stock market, a time by up to 25 percent. Background: When the average debt is resolved, Greece receives from the rating agencies in all likelihood a bankruptcy evaluation.
 
And the Greeks therefore act now! Only in the last week it was revealed that 200 billion stash rich Greeks in Switzerland .
 
But the problem does not already affluent. The head of an Athens bank branch Tanja Papadopoulos (38, name changed) told BILD: "More and more Greeks who still have some money to get it from the bank. In my office there are a total of 5,000 customers, 2,500 of which either have their money transferred abroad or hoard it at home. There are cases where people leave with € 300 000 in the bank bag. If it continues, will soon be no more money. "
 
Papadopoulos knows crazy hiding money from customers who have picked up their savings: "One exception is a fish there money put into it and freeze the fish again. Others support in walls, hide it in closets or buried their money in the garden. "You get on some days, until late evening calls from Greeks, who would prefer to collect their money immediately. She says: "It is terrible that so few trust the country. As Greece is supposed to work when people pick up their money from banks? "
 
Because the consequences are incalculable for the country, try to present information PICTURE Greek politicians to cut debt at the EU level at the last moment to prevent ...