Calamos Supports Greece

outflow

Greek Banks Brace for Massive Outflow After Eurogroup Breakdown

Greek banks are facing a full-blown crisis after Thursdays' Eurogroup broke down, leaving the specter of Greece's bankruptcy looming large. Almost 3 billion euros flew out of Greek banks this week, with bank managers expecting more outflow on Friday. A representative of the...

Greek Bank Deposit Outflows Continue at Alarming Level

Greek depositors withdrew over 1 billion euros from their bank accounts in the last two days, bringing deposit outflows to the January high levels. In January -- month of snap elections -- a total 12 billion euros were withdrawn from...