Greece Slides Back Into Recession Amid Riots, Rewewed "Grexit" Calls

It was just over a year ago that Greece elected Alexis Tsipras and Syriza amid a flurry of anti-austerity sentiment.
Things didn’t exactly go as planned.
It was just over a year ago that Greece elected Alexis Tsipras and Syriza amid a flurry of anti-austerity sentiment.
Things didn’t exactly go as planned.
“Forget it.”
That’s Turkish ambassador to the EU Selim Yenel’s message to Europe in response to a Dutch plan that would resettle 250,000 refugees per year directly from Turkey if Ankara can manage to close off the Aegean sea route to Greece.
If there’s anything we’ve learned over the past twelve months it’s that Turkish President Recep Tayyip Erdogan is prepared to employ all manner of nefarious tactics in order to preserve his grip on power in Ankara.
And you thought Greece was "fixed"...
The last 3 days have seen Greek bank stocks cut in half...
Which has slammed Greek stocks to their lowest since December 1989...breaking below Draghi's "Whatever it takes" lows...
And Greek bond yields are back above 10% - the highest since last year's crisis...
Submitted by Raul Ilargi Meijer via The Automatic Earth blog,