Greferendum: Will the EU Become Ancient History?
SputnikNews.com
8 03.07.2015
The legacy of political steadfastness and deadlock discussions between the Greek government and the Troika are fast becoming visible on the streets of Greece.
The bank shutters are down, food shelves are running low and tourists are being warned of “shortages on the shelves.” Constantine Michalos, president of Athens Chamber of Commerce said holiday makers could be left without the “basics” like food and medicines.
Mr Michalos said shops will begin to close on Friday, unable to reopen because they can’t import products because of capital controls in Greece.
But the legacy is not just a visual one — it’s fast becoming a virtual one.
Greek cards are no longer working to fund PayPal, Amazon or iTunes. According to e-commerce news site, TameBay, “This effectively means that you can no longer sell to Greece unless they have credit cards issued from outside Greece.
“We’d like to emphasize this isn’t a decision taken by PayPal, Amazon, iTunes and other payment providers, they are in all likelihood more than keen to carry on serving their Greek customers. However, if their customers are prevented from funding their accounts, there’s little the payment providers can do.”
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