Greeks panic buying ovens and jewels – Helsingborgs Dagblad

– We spread things out now to cover the holes in the shelves.

The Greek jeweler George papalexis, who owns the store Zolotas in Athens, tells TT how he on Wednesday denied a customer to buy jewels worth the equivalent of approximately eight million crowns. Papalexis would rather keep their jewels than having money in Greek banks, in case the situation in Greece worsens.

– It’s probably the only day in the life that I may refuse such an offer. After having conducted a risk I had to refuse. You do not know what happens next week. Now the money would be transferred from one bank account to another, he said.

– I was quite surprised. I have received other offers, and agreed to sell some good work, but this is a really big amount. I could not take the risk.

George papalexis see a high demand for gold and jewels in the shop because of the crisis.

– Depending on the outcome will be and what the government says people are trying to see how they can invest their money in gold, diamonds, cars and other things that have a value that can be exchanged later against the money in the account.

According to Claes Hemberg, saves economist at Avanza Bank, is due köphetsen also that if Greece is bankrupt and get your own currency will import goods twice as expensive.

– The new currency will not be worth as much as the country’s economy is not worth as much. It will fall by 50 to 70 percent. Therefore takes the money you have, take out as much as you can and buy something that you still would have bought, he said.

But by drain the banks and buy expensive things hasten the Greeks on the process and running toward a state bankruptcy, consider Claes Hemberg.

– Are the banks empty as the country is bankrupt. It is the Greeks’ own fear of the banks to be empty that allows the actual empty them. The last to go there is the loser – there is nothing to download. The most well-read emptied their accounts several years ago.