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One of the crimes being committed on the Greek populace is the financial system blockade, with blocked access to basic banking services and electronic transacti
by iwwr 11y ago
One of the crimes being committed on the Greek populace is the financial system blockade, with blocked access to basic banking services and electronic transactions. The ECB has decided that Euros in a Greek bank account are worthless (apart from a very small daily cash allowance), similarly to what happened to Cyprus recently.
If anything, banks should provide at least money-handling services and should be separate from the more speculative, financial engineering side. Money residing in accounts is not borrowed and does not belong to the government or the ECB, it's not an emergency piggy bank for the state.
Access to modern financial services and online transactions should be a human right. Without those modern business becomes impossible and so does a modern economy.