Business | Daily | Tourist

ATHENS – Former Health Minister Adonis Georgiadis, a frequent mouthpiece for the ruling New Democracy Conservative-led government of Prime Minister Antonis Samaras, said if the major opposition Coalition of the Radical Left (SYRIZA) wins elections there would be a run on the banks.

Georgiadis essentially repeated what Samaras had earlier warned after his party fell behind SYRIZA, that a win by the Leftists would find depositors taking all their money out of Greek banks.

SYRIZA leader Alexis Tsipras has said he would seek to revise the onerous terms of bailouts with international lenders or renege on 240 billion euros ($317 billion) in what the country owes, leaving Greece broke and unable to borrow from the markets either.

Speaking on a morning show on Mega TV, Georgiadis said that the potential of a SYRIZA election victory would scare depositors.

“There will not be a single euro left in the banks as soon as this government collapses, not when SYRIZA comes to power,” said Georgiadis, New Democracy’s parliamentary spokesman, repeating comments he made last week.

SYRIZA MP Giorgos Varemenos, who also took part in the discussion, accused Georgiadis of suffering from “verbal diarrhea” and called on Greek banking authorities to investigate his comments to see if it would spook depositors.

Another SYRIZA lawmaker, Yiannis Michaloyiannakis, called on prosecutors to examine Georgiadis’s comments, which he described as “undemocratic” and an “act of terrorism.”

Democratic Left (DIMAR) MP Dimitris Anagnostakis called on Finance Minister Gikas Hardouvelis to respond to the claims by Georgiadis, who often stokes controversy.

The post Georgiadis Says SYRIZA Means Bank Run appeared first on The National Herald.

Source: The National Herald
Share it now!
Who We Are

GQS acts as an “information representative” providing a variety of accurate and authoritative analytics and responses About Greece. Our field of expertise ranges from simple Daily Life questions related to Tourism or the History of Greece, up to large Business related projects such as Economic Research, Human Resources Selection or Real Estate Services.

Find out more

Contact Us

Are you interested in obtaining any kind of information about Greece?

Let us help you!

If your requirements go beyond simple services and you want specialized information, you will receive a detailed email for any charges.

  • Weather

    September 22, 2019, 9:21 pm
    real feel: 21°C
    current pressure: 1020 mb
    humidity: 43%
    wind speed: 1 m/s WNW
    wind gusts: 1 m/s
    UV-Index: 0
    sunrise: 7:12 am
    sunset: 7:23 pm
  • Currency