Wednesday, March 18, 2015

Greeks get massive money from the bank – Financieele Dagblad (Registration)

Bank Account Holders in Greece on Tuesday five times more money than the average recorded in the previous days. It reports the Greek newspaper Ekathimerini Wednesday on its website. Banks in Greece saw Tuesday that accountholders between € 350 million and € 400 million recordings, reports the newspaper.

Greece is in acute needs money. The Greek government and its creditors furthermore are at an impasse over the current reform program, which has been agreed in return for emergency aid.

Emergency Window

The radical left-wing government of Prime Tsipras will no longer commit to the loan terms. The European Union, led by Germany, will find that the Greeks should continue on the same path.

Thursday decision, the European Central Bank or Greek banks more access to the emergency window for liquidity support.

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