“Our business survived the Turks and Hitler. We can survive this,” Kostas Mitropolous said Monday outside the hardware shop his family has run since 1889.
He was referring to the financial catastrophe that looms over Greece because at midnight Tuesday it will fail to pay international creditors some of the hundreds of billions of euros they are owed.
This will send the country into an economic purgatory that will have dire consequences for its people and will whipsaw the European economy — already, just the news of the likely default has roiled stock markets around the world.
Like most Greeks, Mitropolous said the referendum called for this Sunday was not really about whether to accept or reject the demands of the European Union and the International Monetary Fund for more cuts. It was only about whether Greece should try to stay in the eurozone or revert to the drachma — the Grexit.
The post Greeks struggling to get by as cash dries up ahead of referendum on EU appeared first on Trunews:.
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