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"Greek banks have lost $63.5bn in deposits - 20pc of GNP " - The Telegraph
drc
Posts: 2,057 Forumite
I noticed this little snippet in the rolling coverage of the Euro crisis in The Telegraph today. The paragraph actually says;
That's quite a run on the banks :eek:!
http://www.telegraph.co.uk/finance/financialcrisis/8846201/Debt-crisis-live.html
13.20 Two remarkable stats from the New York Times' report on the rage and paralysis stalking Athens.
Greek banks have lost $63.5bn in deposits - 20pc of GNP -, with up to $20.7bn gone in the last two months alone. Greek families are sending their life savings abroad amid fears their banks could collapse.
As families cut back, the number of uninsured drivers has risen by 500,000 in a quarter to 1.5 million.
That's quite a run on the banks :eek:!
http://www.telegraph.co.uk/finance/financialcrisis/8846201/Debt-crisis-live.html
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Comments
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Not surprising really. The likelihood is the Drakma's coming back and will be massively devalued, anyone with assets safe in € or US$ will be much better off.Faith, hope, charity, these three; but the greatest of these is charity.0
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This has been going on for some time now and surprised it's only picked up on by the New York Times today.
http://forums.moneysavingexpert.com/showpost.php?p=43891478&postcount=12There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0
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