Cash-in-transit companies in Greece describe it as a ‘logistical nightmare’
to supply all banks with sufficient cash. The transport companies are reportedly working overtime
to keep up with Greeks using their debit cards.
4 billion euros in a week
Greeks have been withdrawing large amounts of cash for months, fearing that the banks will
close as a result of the negotiations with Europe and the IMF. Last week,
the country.
No new staff
The transport companies
simply cannot keep up with this. The NOS reports that Yannis Liberopoulos, director of
market leader G4S is making its drivers work 12-hour shifts. “In our
industry, it’s not that easy to recruit extra staff when things get busy”,
explains Liberopoulos. “The men have to be vetted and undergo all sorts of
security training. It’s not something you can just do overnight.”
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