Ok, we all know Greece is broke, but this is getting ridiculous.
In order to meet its crushing debt payments and social obligations to its citizens, Athens is now asking it’s diplomatic missions all over the globe to return any and all cash reserves carried by the embassies and consulates. This also means returning any cash used in day to day operations including issuing visas.
The official request from the government can be seen below:
This is a historic move on the part of the SYRIZA government, which with every passing day reveals in just how much of a financial bind the country really is in.
When will the Greek government come to the undeniable conclusion that the debt has become unserviceable, and with no relief from creditors on the table in the form of substantial haircuts, default and exit from the eurozone is the only real option left.