The withdrawal of deposits last week reached record numbers, some EUR 14,000 million, due to fears surrounding the liquidity of Greek banks and the outcome of the negotiations of the new Government with the ‘troika’.
According to sources quoted today by financial news agency Bloomberg, since the beginning of January the Greek banks had lost 11,000 million euros, a figure that rose to 14,000 million the week before Syriza victory, left anti-austerity party in parliamentary elections in Greece.
The flight of deposits from 19 to 23 January, two days before the election, was higher than the value raising of Greek banks in May 2012, at the peak of the Greek crisis and before the possibility, at the time, the country leaving the euro zone.
The financial sector of Greece is being penalized by fears about the results of the new Greek government negotiations with the ‘troika’ (IMF International, European Commission and European Central Bank).
In today’s session of the Athens stock exchange, banking stocks fell 26.67% to 53.94 points and the financial sector was the most penalized the performance of the benchmark index of the Greek stock market, which ended the day losing 9.24%.
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