Connect with us

Hi, what are you looking for?

World

Greece teeters between fear and fatalism

-

"We don't sleep, everybody's worried," a Greek pensioner said.

With their future being decided thousands of kilometres (miles) away in Brussels by eurozone officials and EU leaders, ordinary people in Greece were split between fear and fatalism, questions swirling in their minds.

Will Greece get its bailout? Or will Germany and Finland block its rescue, sending the nation crashing out of the euro?

"Getting an agreement will be really difficult," said Angelos Panolas, a young unemployed man. "I don't see the European partners giving a gift to Greece."

A pensioner, Yannis Theodoridis, remarked that the last few days have been "very hard," particularly given he had been unable to withdraw his full pension from the bank due to capital controls rationing withdrawals.

Two elderly women talk in the street  in Thessaloniki  Northern Greece  on 19 May  2015
Two elderly women talk in the street, in Thessaloniki, Northern Greece, on 19 May, 2015
Sakis Mitrolidis, AFP/File

Daily limits from ATMs are capped at 60 euros ($67) and the expectation is they will run dry any day now unless the European Central Bank is persuaded -- by a nascent bailout agreement -- to inject emergency funds into Greece's banks.

Failing that, many worry that Greece could be forced to start printing its own money, or perhaps even go back to its pre-euro currency, the drachma.

"If we go back to the drachma it's all over, it will be a catastrophe and there will be no way back," Theodoridis said.

"It's a very difficult situation we're in -- we don't sleep, everybody's worried, there's no money, the banks are closed."

- 'Not good for anybody' -

Irini Karanasiou, a 77-year-old Greek woman, complained that some eurozone nations were being too hard on the Greek government. "But at the same time, the Greeks are also responsible for the situation they're in" because "we weren't ready to negotiate from the start".

People at a snack shop in Thessaloniki on 4 June  2015
People at a snack shop in Thessaloniki on 4 June, 2015
Sakis Mitrolidis, AFP/File

That said, she didn't want to think of Grexit as a reality. "It won't be good for anybody -- not just us, but it also won't be good for Europe."

Katerina, a 23-year-old tour guide, saw malice in the way her country was being treated.

"I think our European partners are being really tough with us and with what they are saying about us. They want to show Greece in a bad light and make fun of us," she said.

Nikos, a pensioner, was blunter about Finland, which, with Germany, has openly come out opposing any new bailout for Greece.

The cost of living in Greece
The cost of living in Greece
AFP, AFP

"If we see 'Made in Finland' on a product, we won't buy it. Those people are so cold, they're the ones who should leave Europe."

Some embraced hope despite the odds.

Such as Antonis, a taxi driver who believed a deal would be struck no matter what.

"They (the creditors) say yes, they say no -- it's just to scare people. But in the end, they'll sign," he said.

“We don’t sleep, everybody’s worried,” a Greek pensioner said.

With their future being decided thousands of kilometres (miles) away in Brussels by eurozone officials and EU leaders, ordinary people in Greece were split between fear and fatalism, questions swirling in their minds.

Will Greece get its bailout? Or will Germany and Finland block its rescue, sending the nation crashing out of the euro?

“Getting an agreement will be really difficult,” said Angelos Panolas, a young unemployed man. “I don’t see the European partners giving a gift to Greece.”

A pensioner, Yannis Theodoridis, remarked that the last few days have been “very hard,” particularly given he had been unable to withdraw his full pension from the bank due to capital controls rationing withdrawals.

Two elderly women talk in the street  in Thessaloniki  Northern Greece  on 19 May  2015

Two elderly women talk in the street, in Thessaloniki, Northern Greece, on 19 May, 2015
Sakis Mitrolidis, AFP/File

Daily limits from ATMs are capped at 60 euros ($67) and the expectation is they will run dry any day now unless the European Central Bank is persuaded — by a nascent bailout agreement — to inject emergency funds into Greece’s banks.

Failing that, many worry that Greece could be forced to start printing its own money, or perhaps even go back to its pre-euro currency, the drachma.

“If we go back to the drachma it’s all over, it will be a catastrophe and there will be no way back,” Theodoridis said.

“It’s a very difficult situation we’re in — we don’t sleep, everybody’s worried, there’s no money, the banks are closed.”

– ‘Not good for anybody’ –

Irini Karanasiou, a 77-year-old Greek woman, complained that some eurozone nations were being too hard on the Greek government. “But at the same time, the Greeks are also responsible for the situation they’re in” because “we weren’t ready to negotiate from the start”.

People at a snack shop in Thessaloniki on 4 June  2015

People at a snack shop in Thessaloniki on 4 June, 2015
Sakis Mitrolidis, AFP/File

That said, she didn’t want to think of Grexit as a reality. “It won’t be good for anybody — not just us, but it also won’t be good for Europe.”

Katerina, a 23-year-old tour guide, saw malice in the way her country was being treated.

“I think our European partners are being really tough with us and with what they are saying about us. They want to show Greece in a bad light and make fun of us,” she said.

Nikos, a pensioner, was blunter about Finland, which, with Germany, has openly come out opposing any new bailout for Greece.

The cost of living in Greece

The cost of living in Greece
AFP, AFP

“If we see ‘Made in Finland’ on a product, we won’t buy it. Those people are so cold, they’re the ones who should leave Europe.”

Some embraced hope despite the odds.

Such as Antonis, a taxi driver who believed a deal would be struck no matter what.

“They (the creditors) say yes, they say no — it’s just to scare people. But in the end, they’ll sign,” he said.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Entertainment

Emmy-nominated actor Justin Hartley is chasing ghosts in the new episode titled "Aurora" on '"Tracker" on CBS.

Social Media

Do you really need laws to tell you to shut this mess down?

Business

The electric car maker, which enjoyed scorching growth for most of 2022 and 2023, has experienced setbacks.

World

The UK risks a major showdown with the Council of Europe - Copyright AFP Sam YehEurope’s highest rights body on Tuesday called on Britain...