The Greek finance minister, Gikas Hardouvelis, said in a statement that there was a “small chance” of a bank run, but did not rule out the possibility altogether.
In November, there was roughly €220 million withdrawals from Greek banks, but in December that number jumped all the way up to €3 billion.
Greeks are depositing much less money in the bank as well. Deposits in Greek banks have dropped by 37% since 2010.
Investment experts are warning Greeks to take their assets out before there is a run on the banks. However, politicians are urging the public to remain calm.
Latest posts by Niamh Harris (see all)
- Prince Andrew Defends ‘Former’ Friendship: Did Not See Or Suspect Epstein’s Criminal Behavior - August 24, 2019
- Disgraced Ex-FBI Director Andrew McCabe Hired By CNN - August 24, 2019
- Jeremy Corybn’s Son To Open ‘National Hemp Service’ Shop - August 24, 2019