By George Georgiopoulos and Lefteris Papadimas
Greeks pulled more than 1 billion euros out of their banks in a single day, banking sources said on Friday, as the country edged closer to default despite assurances from Prime Minister Alexis Tsipras that the doomsayers are wrong.
The Greek central bank – which has warned that the country’s future in the euro and even the European Union is at risk unless the government strikes a deal with its creditors – tried to calm savers by saying that the banking system remained stable.
Germany, the biggest European contributor to the bailout programmes that have kept Greece …read more
Source: Cyprus Mail