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Greeks fear future, after PM resigns

Friday, August 21, 2015 - 01:19

As Greek Prime Minister Alexis Tsipras seeks to consolidate his position with snap elections, Greeks - and the markets - are fearful of the renewed uncertainty, despite the country's third bailout deal. Amy Pollock reports.

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The sun is still shining on Athen's Syntagma Square. But some Greeks are now wondering if clouds are starting to gather again. They're worried about Prime Minister Alexis Tsipras' decision to resign, paving the way for snap elections. (SOUNDBITE)(Greek) PENSIONER, NAPOLEON PAPPAS, SAYING: "I think trouble is brewing. I don't think we will have a majority, I don't think parties will agree to work together. We will end up having elections every day. This is dangerous for the country." (SOUNDBITE)(Greek) PROGRAMMER, CHRISTIANOS MISAILIDIS SAYING: "(Tsipras) couldn't help it... he couldn't continue relying upon the votes of the opposition to pass bills in parliament." (SOUNDBITE)(Greek) SHOP OWNER, KONSTANTINOS POULOPOULOS, SAYING: "It's, of course, wrong. And we will suffer the consequences, because we will go through a period of insecurity." But Greek investors are taking a more sangiune view, with shares steady following Tsipras' announcement. They don't think Greece's third bailout deal is under threat. Analyst Nikos Kafkas. (SOUNDBITE)(Greek) FINANCIAL ANALYST, NIKOS KAFKAS, SAYING: "We should not forget that there is a deal on the table now. A major problem for the economy has been averted, at least in the short term, also thanks to the (disbursement of the) loan tranche. I believe that we are now moving forward, even if it comes with a two or three-week delay." Despite agreeing to a bailout package with painful reforms in store for Greeks, Tsipras remains popular and appears to have no serious rivals to prevent his return to power.

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Greeks fear future, after PM resigns

Friday, August 21, 2015 - 01:19