Run on Greek Banks Spreads; Four Banks Request Emergency Liquidity; €77 billion in Nonperforming Loans Another Reason to Get Out

Run on Greek Banks Spreads; Four Banks Request Emergency Liquidity; €77 billion in Nonperforming Loans Another Reason to Get Out

January 16, 2015 0 By News Desk
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Bloomberg reports Greek Banks Request Emergency Liquidity as Outflows Grow . Two Greek lenders asked to borrow from the nation’s central bank emergency line as deposit outflows already exceed 4 billion euros ($4.6 billion) this month

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Run on Greek Banks Spreads; Four Banks Request Emergency Liquidity; €77 billion in Nonperforming Loans Another Reason to Get Out