{"id":12715,"date":"2012-06-19T22:09:49","date_gmt":"2012-06-20T02:09:49","guid":{"rendered":"http:\/\/theredphoenixapl.org\/?p=12715"},"modified":"2012-06-19T22:09:49","modified_gmt":"2012-06-20T02:09:49","slug":"election-apocalypse-greeks-hoard-canned-food","status":"publish","type":"post","link":"https:\/\/redphoenix.news\/es\/2012\/06\/election-apocalypse-greeks-hoard-canned-food\/","title":{"rendered":"Election apocalypse: Greeks hoard canned food"},"content":{"rendered":"<figure id=\"attachment_12716\" aria-describedby=\"caption-attachment-12716\" style=\"width: 490px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/i0.wp.com\/redphoenixnews.com\/wp-content\/uploads\/2012\/06\/538913-greek-family.jpg\"><img data-recalc-dims=\"1\" decoding=\"async\" loading=\"lazy\" class=\"size-full wp-image-12716\" title=\"538913-greek-family\" src=\"https:\/\/i0.wp.com\/redphoenixnews.com\/wp-content\/uploads\/2012\/06\/538913-greek-family.jpg?resize=490%2C275\" alt=\"\" width=\"490\" height=\"275\" \/><\/a><figcaption id=\"caption-attachment-12716\" class=\"wp-caption-text\">A woman walks past a family begging on a street in Athens. Picture: Getty<\/figcaption><\/figure>\n<p><span style=\"color:#000000;\">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&#8217;s election.<\/span><\/p>\n<p><span style=\"color:#000000;\">Greek citizens fear the ramifications of a return to the country\u2019s previous currency, the drachma, if the radical left-wing party and strong election contender SYRIZA wins this weekend.<\/span><\/p>\n<p><span style=\"color:#000000;\">Bankers said daily withdrawals from the major banks were hitting \u20ac500-\u20ac800 million ($631.8 million-$1.01 billion), Reuters reported.<\/span><\/p>\n<p><span style=\"color:#000000;\">Meanwhile, retailers say consumers are stocking up on non-perishable foods like pasta and canned goods.<\/span><\/p>\n<p><span style=\"color:#000000;\">Latest polls showed the conservative New Democracy party, which supports a \u20ac130 billion international bailout, is running neck-and-neck with the leftist SYRIZA party.<\/span><\/p>\n<p><span style=\"color:#000000;\">SYRIZA leader Alexis Tsipras is pledging to tear up the bailout deal, saying that the austerity conditions attached to the money are so catastrophic for the country they must be rejected.<\/span><\/p>\n<p><span style=\"color:#000000;\">If the country renounces its bailout terms, Greece&#8217;s international partners could stop providing the rescue loans, which would lead it to default and force it out of the eurozone.<\/span><\/p>\n<p><span style=\"color:#000000;\">Reports overnight said that Greece only had about \u20ac2 billion euros ($2.52 billion) left in its coffers, which would only last until July 20.<\/span><\/p>\n<p><span style=\"color:#000000;\">Greece\u2019s finance minister refused to comment but the country\u2019s labour minister said that Greece should have enough cash to pay pensions at least for July.<\/span><\/p>\n<p><span style=\"color:#000000;\">If Greece walked away from the euro, the drachma\u2019s value against other currencies would plunge along with the earnings of Greek workers.<\/span><\/p>\n<p><span style=\"color:#000000;\">Cost of living would spike on the back of rises in interest rates and import prices.<\/span><\/p>\n<p><span style=\"color:#0000ff;\"><a href=\"http:\/\/www.heraldsun.com.au\/business\/markets\/election-apocolyse-greeks-stock-up-on-canned-food\/story-fn7j1dyq-1226395515223\"><span style=\"color:#0000ff;\">Fuente<\/span><\/a><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>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..<\/p>","protected":false},"author":1,"featured_media":38568,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,181],"tags":[229,335,197,347],"class_list":["post-12715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-labor","tag-economic-exploitation","tag-greece","tag-imperialism","tag-workers-struggle"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/redphoenix.news\/wp-content\/uploads\/2026\/04\/538913-greek-family_12715_8be0e.jpg?fit=650%2C366&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts\/12715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/comments?post=12715"}],"version-history":[{"count":0,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/posts\/12715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/media\/38568"}],"wp:attachment":[{"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/media?parent=12715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/categories?post=12715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/redphoenix.news\/es\/wp-json\/wp\/v2\/tags?post=12715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}