VAROUFAKIS MUST BE STOPPED FROM SHUTTING GREEK BANKS ON MONDAY

VAROUFAKIS MUST BE STOPPED FROM SHUTTING GREEK BANKS ON MONDAY

https://birdflu666.wordpress.com/2015/06/28/varoufakis-must-be-stopped-from-shutting-greek-banks-on-monday/

Controlled oppositon and Greek Finance Minister Yanis Varoufakis has announced plans to close banks in Greece on Monday, one day before a default, and a day when many Greeks are set to get their wages and pensions.

http://orf.at/stories/2286635/2286636/

There is no justification for Varoufakis to shut banks on Monday if the ECB continues to give liquidity to Greece, and there is no justification for the ECB not to give liquidity.

The sudden closure of banks on Monday could trigger riots in Greece. Many Greeks now live hand to mouth. For many even few days without money could lead to hunger and hardship and trigger social upheavel.

Germany must intervene and stop the closure of Greek banks and the collapse of Greece into political radicalism and civil war. A referendum when Greeks are widely expected Yes for the bailout will be held in only a few days on Sunday, bringing bailout negotiations back on track.

Leave a Reply