The infamous joke that could “the last person to leave Britain please turn out the lights” was aimed at Neil Kinnock. The Sun used it as a headline because they believed that Labour’s policies would be a huge disaster for Britain. Though for some reason, Labour managed to hood wink the next generation of voters into getting voted in. And we nearly did end up turning out the lights due to Gordon Brown’s mismanagement.
However in Greece they probably won’t need to have the last person turn out the lights. Due to Greece’s credit rating, no one is accepting letters of credit drawn on Greek banks. That means that the energy suppliers are finding it difficult to get fuel to keep the power stations going. They made do by buying from Iran for a while, but even that route has been closed due to EU sanctions against Iran (which hurts Greece more than it hurts Iran). So Greece is now paying over the odds for it’s oil. This cost is passed on to the Greek people whose bills have shot up. Not just because of the higher cost of fuel, but also because the Greek government decided to stick property taxes which Greeks hardly pay on to electricity bills.
So which lights are going to go out first. Street lights, household lights, or those in government buildings?