Greece’s new caretaker cabinet took office Thursday.
Senior Judge Panagiotis Pikrammenos, shown here in the center, will head an emergency government of professors, technocrats and politicians through the turbulent month until repeated election on June 17th.
In Greece and across Europe, there is a growing feeling that the coming weeks could decide Greece’s future in the Euro Zone.
“I don’t have any hope any more. Regardless of what happens, I think that the things are just going to get worse.” (A bookstore employee says.)
With Greek depositors withdrawing hundreds of millions worth of Euros from local banks, the European Central Bank has stopped offering loans to some Greek banks it does not consider solvent.
But both politicians and analysts are cautioning against fears of a run on Greek banks.
Theodore Drintas is a market analyst with Attica Wealth:
“I would expect that the population will be quietly doing what it’s been doing in the previous days. In other words, some of the Greek citizens are afraid and they are taking slowly about the money, a portion of the money. But I’m not expecting the bank run.”
Many Greeks say another election will simply prolong the agony.
Dionyssis Dimitrakopoulos, a senior lecturer of the Birkbeck College University of London, says there is a danger of the same poll producing the same result.
“Everybody as we say in Greece, will have to add some water to their wine. In another word, to seek consensus, you can not build consensus without moving away from your original position.”
Spain saw its borrow costs rise sharply as fears grow over contagion across southern Europe. Shares in the Spanish Bank Bankia which is been bailed out by the government, plummeted Thursday after a newspaper report said customers had withdrawn more than one billion Euros in just a week.
注:文本转自UNSV