The cash-strapped Greek government has introduced a surcharge at cashpoints to prevent Greek citizens from withdrawing their cash.
A senior finance ministry official said: “The surcharge is just one of a grab-bag of measures we are considering if things get tough.”
Withdrawals exceeded €15 billion in the run up to the February elections that catapulted Alexis Tsipras and the far-left Syriza government to power. Greek residents were reported to have stashed wads of money behind bathroom tiles and under floorboards.
GREECE’s public sector employees and suppliers have not been paid amid further signs the cash-strapped country’s bankruptcy is imminent.
As the country’s need for a bailout loan reaches crisis point, workers and business reliant on government funding have been left in a state of panic and confusion.
“We are now running one month behind on our salaries. Until only recently we were two months behind, and no-one would tell us if and when we would get our next pay cheque,” one employee at an institution funded by the government told the BBC. Continue reading