Fears of Bank Runs Mount in Southern Europe
By Stefan Kaiser AFP http://bit.ly/J33oyY The Spanish government has denied reports that €1 billion was withdrawn from beleaguered major savings bank Bankia last week. Following the downgrade of 16 Spanish banks by Moody’s, the focus…
Euro Banknotes Update: Berlin Printing New Euronotes En Masse, ECB Withdrawing Greek Notes
Slog’s Brussels mole clears up the riddle “must mean Greek euroexit now seen as near-certainty” By John Ward http://bit.ly/JSIRAA Following this morning’s Slogpost about the dearth of Greek-origin euronotes (Y) and the torrent of new…
Has The Greek Bank Run Started?
by Tyler Durden on 05/15/2012 11:36 -0400 http://bit.ly/J9io3y While the long-term decline in bank deposits over the past 3 years has been well documented both on Zero Hedge and elsewhere, it is the most recent, acute post-electionphase that…
As New Greek Bonds Tumble To All Time Lows, Is Greece About To Re-Default In 5 Days?
By Tyler Durden on 05/10/2012 11:35 -0400 http://bit.ly/K20vlT Back on May 5th, before the shocking outcome of the Greek elections was known, and before anyone had even heard of the May 15th €430 million bond…
The Banks’ Nightmare Is Coming True: Greek Left Calls For Anti-Bailout Coalition
By Tyler Durden on 05/06/2012 16:25 -0400 http://www.zerohedge.com/news/banks-nightmare-coming-true-greek-left-calls-anti-bailout-coalition The only saving grace of the earlier horrendous Greek parliamentary vote was that, based on very preliminary results New Democracy and Pasok would be able to form…
Greek Bailout: Uncertainty Persists as New Sovereign Liabilities Surface
By John Ward http://hat4uk.wordpress.com/2012/03/10/greek-bailout-uncertainty-persists-as-new-sovereign-liabilities-surface/ There are signs that Germany, the IMF and Washington retain their doubts about Greek ‘salvation’ Seemingly confident that the worst is behind him, Evangelo Venizelos strode into a PASOK…
REVEALED: Why the Troika’s ‘Validation’ of the Greek PSI May Open Up a Can of Worms
By John Ward http://hat4uk.wordpress.com/2012/03/10/revealed-why-the-troikas-validation-of-the-greek-psi-may-open-up-a-can-of-worms/ CREDIT EVENT: DIRTY DEEDS AT THE DEBT-SWAP CORRAL Evidence of public sector bribery raises doubts as Venizelos accused of personal gain Although the ways and means used to get…
