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Tag Archives: bank run

“Bank run” under Capital Controls: Greeks withdraw €2.5bn in 45 days

Delays in the talks between Greece and its lenders have brought back the ghost of Grexit.  The grave disagreement between the International Monetary Fund and the European lenders, Grexit bombshell flying around and Greece’s reluctance to accept additional austerity measures have increase uncertainty among citizens – for one more time. …

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Greece imported billions of euro in banknotes to avert bank run?

Greece’s central bank had allegedly  billions of euros of banknotes shipped in from other central banks abroad to avert a bank run during the country’s debt crisis as depositors withdrew their money,  newspaper To Vima reported on Sunday. The banknotes allegedly arrived to Athens per cargo airplanes, while employees at …

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