BANK OF GREECE | MONDAY OF LENT HOLIDAY CAUSES DEPOSIT RUN ACCELERATION

The Greek Crisis>>Scoreboard: Here's What Each Side Got in the Greece Negotiations<<

by Lorcan Roche Kelly Bloomberg >> In an 18 against 1 negotiation, it was always likely that the 18 (the Eurogroup) were going to come off better than the 1 (Greece).  >> Greece got enough, but only enough, to stop them walking out again.

TheFlippinTruthOriginally posted on Socio-Economics History Blog:

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.  >>However, as Dody Tsiantar reports, sources in the Greek banking sector have told Greek newspapers that as much as EUR 25bn euros have left Greek banks since the end of December with outflows surging this week. Perhaps they are getting anxious that authorities will take Cypriot advantage of the >>  https://theflippintruth.wordpress.com/2013/03/<<