Greek banks suffer surge in withdrawals

Author (Person)
Series Title
Series Details 30.11.11
Publication Date 30/11/2011
Content Type

George Provopoulos, the Central Bank Governor of Greece said on the 29November 2011 that bank deposits had shrunk significantly in the previous two months as the public withdrew billions of euros from Greek banks in reaction to mounting political tension and economic challenges.

Mr Provopoulos was presenting the bank’s first-half report on the Greek economy to the Economic Affairs Committee of the Greek parliament.

Related Links
Bank of Greece: Press Release, 23.11.11: The Bank of Greece Interim Report on Monetary Policy 2011 http://www.bankofgreece.gr/Pages/en/Bank/News/PressReleases/DispItem.aspx?Item_ID=3788&List_ID=1af869f3-57fb-4de6-b9ae-bdfd83c66c95&Filter_by=DT

Countries / Regions