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Tuesday, May 31, 2011

Greeks lifted 1.5 billion Thursday and Friday from banks



Only a few steps separating from Friday to yesterday's mass panic! From early morning to counter the banks there is serious pressure for withdrawals of deposits, especially small amounts. The pressure on banks began last Wednesday, culminating in yesterday's day.

It is significant that Thursday and Friday, banking sources estimate that rose around 1.5 billion euros in total! According to the same month in May estimated the outflow estimated at least 4 billion from 2 billion in April ...

The majority of depositors rushed to withdraw for pensioners and small savers and amounts ranging from 2-3000 lifted until 10 -15 000 euros. Motivation in most cases it was the fear that led the country into bankruptcy, deposits frozen even temporarily left without cash, or even lose their savings.

This explains the fact that demand high notes 200arikon preferably so before noon on the big notes are exhausted. The ratio of preference of great notes is because they can hide more easily because of the small volume of Hank.

In several cases, officials of banks drew attention to their customers, especially older, be very careful after leaving the store robbery risk. According to data and police have increased the incidence of robberies mostly elderly, from gangs to systematically monitor the traffic outside the bank branches and 'hit' on cars or once they enter the elderly in their homes.

The exacerbation of the phenomenon of withdrawal of deposits Friday, deeply staffs of banks, given Monday. This concern culminated in front-very likely possibility, they have not completely clearing the political landscape in the weekend and uncertainty to continue Monday, which they fear could lead to non-verifiable statements.

If this information is true indeed that institutions affiliated with a political party 'lifted' Friday EUR 2 million from his own account, fully justifies the concerns of bankers, but they still have good reason to worry: that politicians do not seem to fully understand the risks posed by a widespread panic, not only for the stability of the banking system but for the economy and the country.

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