Alexis Tsipras urges people to vote no in Sunday’s referendum as capital controls bite and vital tourism industry sees thousands cancel holidays in Greece Greece’s economy is on the brink of collapse after the capital controls imposed ahead of Sunday’s referendum left the country with food and drugs shortages, the tourist industry facing a wave of cancellations and the banks with barely enough money to survive the weekend.Banks said they had a €1bn cash buffer to see them through the weekend – equal to just €90 (£64) a head for the 11 million-strong population – and would require immediate help from the European Central Bank on Monday whatever the result of the referendum, in which the two sides are running neck and neck. Related: Greek debt crisis: referendum to go ahead as court rejects appeal – live updates Related: Greek referendum: what the experts say Continue reading...
 |
| READ THE ORIGINAL POST AT www.theguardian.com |
