Greeks Get First Look At Their Future: Long Bank Lines And Punishing Taxes
by Tyler Durden
ZeroHedge.com
07/20/2015
Although the details of Greece’s third bailout program have yet to be finalized, Monday marked the beginning of a new dawn for Greeks. Last week, PM Alexis Tsipras forced a set of draconian “reforms” through parliament and sacked political rivals, effectively legislating away the country’s sovereignty while condemning the Greek people to a fate of even tougher austerity and ensuring that despite rhetoric out of Athens, “normality” will not return to Greece for a very long time.
Greek banks reopened and as expected there were long lines. On the bright side, the queues were described as “orderly.” From AP:
In downtown Athens, people lined up in an orderly fashion as the banks unlocked their doors at 8 a.m., taking a number and reading the paper as they waited for their turn at the till.
The Rest…HERE
