Greek reaction to second EU bailout

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Greek reaction to second EU bailout

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The Greek press are calling the €190 billion second bailout of the debt-ridden country “a lifesaver”, but the mood on the streets of Athens on Friday seemed less enthusiastic, and there were none of the smiles and handshakes that were witnessed in Brussels.

Most of the people euronews spoke to were worried that the hardship they’ve experienced over the last three years is set to continue.

One private sector employee who didn’t want to be named told us: “I believe the crisis will last much longer. We will have problems for many years.”

Another, 81-year-old pensioner, Nikos Yannakopoulos said: “I think the government is doing what needs to be done. It is we (the people) that are not doing what needs to be done. The weight will now fall on us”

Despite the bailout, many small business owners said they are not expecting any turnaround in the Greek economy soon.

Coffee shop owner Manolis Volyraki said: “Since the crisis began, profits are 70 per cent down. Every year is worse”.

“We are having a very difficult time. I have lost of 80 of my profits and I have to pay 1500 euros a month for rent,” said snack store owner Eleftherios Koromplis. The 62-year-old also thinks that the media is putting a positive spin on the bailout. “Journalists say what they want to say. We can’t trust anyone one,” he added.

However one newspaper headline that perhaps can be trusted, describes how the bailout has “saved Greece and the Euro from ruin”.