savings Archives - Keep Talking Greece

Greek Minister: Banks tell savers to bring their money abroad

June 8, 2015 Economy 4

There was this story I heard by a friend. It must have been beginning of February or so. He told me, he was advised by an employee of the bank were he had his savings to withdraw them – take it at home, dig a hole in the garden. I …

Patras: Authorities seize Dementia patient’s savings due to her daughter’s …debts

March 2, 2015 Society Comments Off on Patras: Authorities seize Dementia patient’s savings due to her daughter’s …debts

You cannot take a breath in this country. You are old and suffer from a degenerative disease and you try to make your life a bit easier. No chance, in this country with automatic control mechanisms. Authorities come and grab your savings for the debts of another person. A dementia …

Does IMF plan super tax of 10% on all Eurozone savings to solve national debt problems?

October 16, 2013 Economy 3

The times when state bonds underwent haircut or ‘debt restructuring’ to easy the national debts seem to be over. Cyprus showed the way with ‘seizing’ 50% of savings over 100,000 euro. While the International Monetary Fund and the Eurozone quarrel over a possible Greek debt haircut and the debt/bailout program …

Patras: mice eat pensioner’s savings hidden in home basement

March 30, 2013 Society Comments Off on Patras: mice eat pensioner’s savings hidden in home basement

A Greek pensioner was very worried about his savings amid the bad example of Cyprus crisis and the Eurogroup decisions to grab people’s deposits. The man from Patras in western Peloponnese went recently to the bank and withdrew his savings: 25,000 euro. He stuffed the money cartons full of books …

Greece’s Creditors Dispute on Greek Bailout, While Germans Speak of Fresh Debt Restructuring

September 21, 2012 Economy Comments Off on Greece’s Creditors Dispute on Greek Bailout, While Germans Speak of Fresh Debt Restructuring

Greece’s economy, debts, loans and inability to take the problems under control spark fierce discussions not only among the locals like taxpayers and tax-evaders, unionists and unemployed, employees and pensioners, representatives of political parties. Equally involved in the dispute are the country’s international and European creditors, taxpayers around Europe and economists. However …

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