Greek bank run: Deposit withdrawals hit €3 billion in four days - media

Panicking savers in Greece have withdrawn over €3 billion in deposits from the country’s banks between June 15 and June 18, with a record €1 billion having left Greek banks on Thursday, banking sources told Reuters.

As the fears of Greece defaulting on its €316 billion debt and leaving the eurozone are escalating, people in Greece are rushing to take their savings out of banks. An estimated €200-€300 million a day was leaving the country prior to this week. Between October and April €30 billion left Greek banks, according to data from the Bank of Greece.

The panic accelerated Thursday ahead of the Eurogroup meeting in Luxembourg where European Finance Ministers and Greek officials were to discuss the ways Athens could deal with its international creditors. The meeting however did not show any feasible results .... http://rt.com/business