Greek Deposits

Greek bank deposits fell again in March, with deposits by companies and households falling to 121.5 billion euros at the end of March, from 121.7 billion a month earlier, down around 12.3% compared with March 2015, the Bank of...

Ratings agency Moody’s said on Monday that uninsured depositors in Greek banks are in danger of losing some of their money in case of a bank’s insolvency. Moody’s noted that the changes in the EU Bank Recovery and Resolution Directive, which was legislated in...

Amidst fears of financial catastrophe, Greek banks are considering to tap into depositors funds the Financial Times reported citing bankers and businesspeople with knowledge of the measures. "The plans, which call for a haircut of at least 30 per cent...

“The Greek government has done nothing for a year to recover supposedly untaxed assets of Greek citizens in Switzerland. There is an invitation extending from 2014 by the Swiss Secretariat for International Financial Matters (SIF) to track the money and...

The Greek Finance Minister, Yannis Stournaras and his Swiss counterpart, Eveline Widmer-Schlumpf met on Tuesday to discuss the issue of taxation of Greek deposits in Swiss banks. However, the two sides didn't reach an agreement. The Greek Finance Minister requested an...

According to the economist Gabriel Zucman, the deposits of Greek citizens in Swiss banks are amounting to 60 billion euros. The French professor of the London School of Economics and researcher at the University of California, Berkeley published his book...

Greek business and household bank deposits were steady in March despite worries the Cypriot banking crisis would lead to outflows in other indebted southern European economies, central bank data showed on Friday. Bank of Greece data showed deposits slightly rose...

With the apparent abandonment of a plan to allow the National Bank of Greece and Eurobank to merge after international lenders raised objections and the banks couldn't raise enough capital, Finance Minister Yannis Stournaras reassured Greeks their deposits were...

Consumer and firms΄ deposits in banks in troubled Eurozone member states remained mainly stable in November, the European Central Bank data showed, indicating that worst fears of bank collapses or even a Eurozone exit are receding. The ECB managed to...