Concerns Over Potential Greek Economic Collapse

CHATTANOOGA,TN, (WDEF)-"But now its not just bad its uncertain too, we don’t know what will happen in a month or in two weeks or even on Monday we don’t know what will happen."

Athens based journalist Eleni Grigovits tells News 12 her country is on it’s knees.
Hundreds are lining up at ATM’s with withdrawal amounts now restricted to the equivalent of just 66 dollars per day.

"They have been struggling with this crisis and it really is what everyone should hear, its not other markets, its not the Euro, its the Greek people who have been suffering here".

Yet world markets are on edge as Greece may leave the Euro currency in the coming weeks.This could have serious knock on effects for US exports and imports.

Stella Douvris, Greek,"I am not there to know exactly what is going on, but i am sure they will fix the problem soon that is all i can say".

Nick Kyriakidis, Greek-American,"The policies of the government is bad, that is the distinguishing point, there has been poor leadership but it doesn’t neccessarily reflect on the people".

Kyriakidis does not want his country to leave the euro currency but fears social and cultural differences are to blame.

"You get a bunch of diverse economies, doing a single currency, you have a convergence of monetary policy but divergence of fiscal policy, so Greece’s free spending, generous pensions, retiring young".

Financial experts estimate Greece owes a staggering 360 billion dollars.
11 billion of which was given by the US.