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A Greek run on the banks as Syriza in last ditch negotiations with ECB/IMF

Posted on 2015/06/05 - 2015/06/05 by jd

‘…In the meantime, Greeks continue to withdraw cash from local banks amid fears that capital controls may be imposed if the negotiations run into problems, or if Athens is unable to pay a series of four loan instalments totalling €1.5bn to the IMF this month.

Last week depositors pulled more than €2bn out of their accounts, according to two senior bankers. The outflows resumed this week but in smaller amounts, they said….’
Alexis Tsipras grounded by dissent from within Syriza

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