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Greeks not alone in bank savings exodus
By Steve Slater and George Georgiopoulos LONDON/ATHENS (Reuters) - Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain, Switzerland, Germany and Nordic countries long ago. Worries about a run on Greek banks has rattled Athens this week, after savers withdrew at least
By Steve Slater and George Georgiopoulos LONDON/ATHENS (Reuters) - Greek savers may be gripped by a "great fear that could develop into panic" in the words of President Karolos Papoulias, but many Greeks shifted their money to safer havens in Britain, Switzerland, Germany and Nordic countries long ago. Worries about a run on Greek banks has rattled Athens this week, after savers withdrew at least
Dollar continues to rally on fears about Greece
Worries that Greece will drop out of the euro currency union continued to push the dollar higher against most other currencies Wednesday.
Worries that Greece will drop out of the euro currency union continued to push the dollar higher against most other currencies Wednesday.
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