The Traderszone Network

Published in TZ Latest News 19 February, 2015 by The TZ Newswire Staff

Greek Deposit Run Accelerates Ahead Of Monday’s Bank Holiday

Official Greek deposit data began tumbling in December (outflows around EUR3bn), and accelerated in January in the run up to the Syriza election (proxied by JPMorgan at over EUR 12bn). During the last two weeks, however, the absence of ATM lines and visible bank runs has been curiously lacking as, at least on the surface, there appears to be no panic.

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