In the event that Alexis Tsipras as Prime Minister proceeded with “heroics in Europe”, Sofia Voultepsi, a government spokesperson is quoted as saying, “it won’t be long before the ATMs shut down in Greece, as they did in Cyprus".
I have written before that the best way to eventually start a bank run is to warn of it. I have also written before that, in the sensitive world of high finance, it is often impossible to retract statements after they have been made. And that the wrong statements can become very, very expensive.
Ms. Voultepsi's statement may have been prompted by her being upset about the fact that “SYRIZA curses all day, it is a sewer and a foul stench", as she said. What she may have overlooked in the hectic of events is that close to one-third of Greeks, according to polls, currently favor SYRIZA and it is not a clever political strategy to communicate to one-third of voters that they are a sewer and a foul stench.
If I were a supporter of ND, I would begin to wonder whether a party which makes such statements really deserves my support.