Greek Bank Run Update: Up To $1 Billion A Day Now

[JJ.G0ldD0t]

Yesterday, we did an update of the Greek bank jog, when noting that between €100-€500 million per day (http://www.zerohedge.com/news/greek-bank-run-update-%E2%82%AC100-%E2%82%AC500-million-day)was being withdrawn from Greek banks based on Kathimerini reports. 24 hours later the jog has become a trot with the most recent estimate from Reuters (http://af.reuters.com/article/worldNews/idAFBRE85C0CG20120613)now estimated at nearly double: "Combined daily deposit outflows from the major Greek banks have reached 500-800 million euros over the past few days, with the pace picking up as the election draws closer and rising noticeably on Tuesday, two bankers said." This is roughly $1 billion a day in the upper case, and a number that is approaching 0.5% of the entire documented €170 billion (now likely much less) deposit base.


more:
http://www.zerohedge.com/news/greek-bank-run-update-1-billion-day-now?bcsi_scan_0c44c4e78a0b2bed=6mM7NMg6AaFk+v/BQ+wx0ROVpNwwAAAA4VSNKg==

[mick silver]

happy days are here again ... oh oh thats a song . i wonder how long before it starts all over the world people chasing paper

[Canadian-guerilla]

Greek election Sunday June 17th = Black Monday ?

stay tuned . . .



this may be the most credible DOOM DATE yet this year

[cortez]

Greek election Sunday June 17th = Black Monday ?

stay tuned . . .



this may be the most credible DOOM DATE yet this year

And within two more weeks SCOTUS rules on Obama mandate! lets see if the long legged mack daddy gets those Ho's working for him dat he put on dat bench

[Gaillo]

And within two more weeks SCOTUS rules on Obama mandate! lets see if the long legged mack daddy gets those Ho's working for him dat he put on dat bench

Word up, yo.