Greece crisis bites as £3.4 billion pulled from banks and manufacturing output worst in eurozone
‘Greeks are tightening their belts spending less and less in supermarkets as billions disappears from their bank accounts.
Capital outflows have shot up to £3.4billion (€4bn) since the start of the year while “impoverished” members of the public cut back on spending.
New figures out from the Marketing Laboratory of the Athens University of Economics and Business show half of Greeks are only buying the “absolute necessities”.
They say consumers are spending almost £34 (€40) less a month at supermarkets as they try to tighten their belts amid the country’s debt crisis.’
Read more: Greece crisis bites as £3.4 billion pulled from banks and manufacturing output worst in eurozone
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