Greece Financial Woes Spark Run On The Banks

Greece Financial Woes Spark Run On The Banks

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The Greek leader announced a public vote on lenders' austerity demands, causing increased cash withdrawals and public concern. Despite the economic uncertainty, the Greek public remains resilient. The government has left the decision to voters, who face confusion over the complex austerity package. The upcoming referendum may be a strategic move to gain concessions from institutions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What action did the Greek leader take regarding the lenders' demands?

He accepted the demands without question.

He rejected the demands outright.

He put the demands to a public vote.

He negotiated a new deal with the lenders.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did British expat Jonathan Clark describe the situation at ATMs?

There were no queues and plenty of cash.

ATMs were dispensing cash without issues.

There were long queues and empty machines.

People were panicking and fighting for cash.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What advice was given to tourists during the financial crisis?

To avoid visiting Greece altogether.

To rely on credit cards for all transactions.

To use only digital payment methods.

To carry cash as credit cards might not be reliable.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have Greek citizens reacted to repeated financial crises?

They have moved their savings to foreign banks.

They have developed a thick skin and are desensitized.

They have become more anxious and fearful.

They have started protesting more frequently.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main challenge voters face regarding the upcoming referendum?

Choosing between multiple political parties.

Deciding whether to support the current government.

Finding polling stations to cast their votes.

Understanding the complex austerity package.