Gikas Hardouvelis says probability of a bank run is small and deposits are safe, as Greece prepares for snap general electionGreece’s finance minister has sought to allay fears that political uncertainty prompted by snap polls later this month will spark a run on banks, amid worrying signs that savers are rushing to withdraw deposits.As Athens prepares for a general election on 25 January, Gikas Hardouvelis said the banking system was safe, although he acknowledged mounting evidence that the rich were transferring money abroad. In December alone, €2.5bn left lenders. Continue reading...
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