Original German text translated...
Greeks evacuate empty their accounts
14.11.2011,
In Greece, the bank run has already begun: Out of sheer need of money and fear of a return of the drachma, the citizens pull out their money.
Now threatens the institutions assumed the money - with dramatic consequences.
The bank run is well underway - invisible, but read in the statistics of the Bank of Greece.
Thereafter, deposits of commercial banks dwindled since the end of 2009 of 237.5 billion euros to 183.2 billion in September 2011 - a decline of 54.3 billion or 23 percent.
Half of them ran off since January 2011. In September alone, the deposits went down by 5.46 billion. Never since the start of the debt crisis in a single month so much money is spent. Recent figures have not yet published the Central Bank. But according to data from banking circles, the decline in October and early November has even accelerated after the now superseded Premier George Papandreou with reckless talk about a referendum to stoking fears of a return to Greek drachma.
More at:
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Original German text translated... Greeks evacuate empty their...
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