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Thursday, January 15, 2015

Greek banks see deposit outflows before vote but no alarm yet

Greek Prime Minister Antonis Samaras on Dec. 8 brought forward a presidential vote, creating uncertainty that revived fears of a Greek euro zone exit. Bankers and a senior central bank official said the withdrawals were partly due to Christmas and higher tax payments. There were increased withdrawals to pay tax bills but money leaving household accounts flows into government accounts, staying in ...


READ THE ORIGINAL POST AT finance.yahoo.com