January 26, 2016

Chart of the Day: Plummeting Greek Deposits

   January 26, 2016

Chart of the Day: Plummeting Greek Deposits

Official data shows falling deposits held within Greek banks over the last 5 years. The main reason for this trend had been the concerns over Greece’s continued presence in the euro and the threat of capital controls if Prime Minister Alexis Tsipras had failed in his attempts to reach a bailout deal with creditors. With the situation now improving, this trend would be reversing.

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