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Wary Greeks withdrawing cash but no wild bank run


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Wary about the introduction of capital controls in case of a failure to agree a bailout deal on Monday, Greeks are withdrawing cash, but with a calm fatalism begotten from struggling through six years of economic crisis. Greeks haven't been making a sudden run on their banks, having steadily reduced their holdings since December, when the early elections were called that propelled the radical left anti-austerity Syriza party to power. Many Greeks are doubtful that their Prime Minister Alexis Tsipras will reach a deal on Monday with Athens' EU and IMF creditors on the reforms the country needs to undertake in exchange for 7.2 billion euros in bailout loans.

 

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