Shares in Greece's stricken banks fell to an all-time low on Tuesday after fears the European Central Bank was planning to finally pull the plug on the country's lenders. A memo drawn up by the ECB's staff proposed capping the emergency assistance (ELA) that has been keeping lenders alive since the Syriza-led government entered office at the end of January. Bank stocks fell by 4pc on the news, capping off a torrid run which has seen more than 50pc wiped off the value of lenders since the start of the year. ... The greek government got elected by promising that there wouldn´t be a new bailout and that they would not take any more money from the ECB/Eurozone/IMF. Unless they accept a new bailout in June they will indeed go bankrupt. For all intents and purposes they are already bankrupt, they stopped paying all suppliers to the public sector already and that debt is 3 billion euros and rising. Who wants to sell anything to hospitals, universities and schools when you don´t get paid?...For the sake of Greek sovereignty and its citizens...I hope that they do default and give the institutions the finger! Sometimes freedom is more important than forever being a slave!...70-80 % of the debt is fictitious ( usury product and corruption ) ... Unilateral Delete is the only path to be followed the people's representatives in government and appeal to Greek and international courts ... The funny thing is, they were going to extend and pretend until Syriza arrived on the scene, and now they're going to implode the whole of the financial system just to spite Syriza.
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