Election Apocalypse: Greeks Hoard Canned Food


Thursday, 14 June 2012 10:43


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‘Nervous Greeks are withdrawing up to 800 million euros ($1.01 billion) a day and stocking up on canned food as they fear the country will be forced to leave the eurozone after this Sunday’s election.

Greek citizens fear the ramifications of a return to the country’s previous currency, the drachma, if the radical left-wing party and strong election contender SYRIZA wins this weekend.

Bankers said daily withdrawals from the major banks were hitting €500-€800 million ($631.8 million-$1.01 billion), Reuters reported. Meanwhile, retailers say consumers are stocking up on non-perishable foods like pasta and canned goods.’

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