bank run

Greek banks are facing a serious liquidity problem as in the first three days of the week, depositors withdrew a total of 4.2 billion euros. A week ago, the four major Greek banks had proactively asked for Emergency Liquidity Assistance...

The British magazine The Economist published an article about the Greek crisis, showing a 20-Euro-note burning by the flame of an Olympic torchbearer. Titled "The Greek Run," the article reports on "the ugly term for what may soon become an...