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Greek Bank Run Getting Serious – Citizens Queue Up in Greek Banks

From forexcrunch.com

On the eve of the second European Summit that will discuss significant haircuts on Greek debt, the citizens of the debt later country are lining up to grab their money. Greek banks hold a significant amount of Greek debt and they have already experienced a slow bank run. The evidence seen now is not only in the numbers, but also in queues. Mish reports via Bild: “I come here to immediately pick up my pension € 300. Who knows what else happened today. My money is safe only when it is at home” said Pensioners Evagelos Dimitros age 73. The head of an Athens bank branch told BILD: “More and more Greeks who still have ... (full story)

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