Greeks have been withdrawing hundreds of millions of euros
(dollars) from banks in recent days as the prospect of the country being forced
out of the European Union's common currency zone seems ever more real -
although there has so far been no sign of a run on bank branches in Athens
according to a Reuters report.
Political leaders failed to form a government following an
inconclusive parliamentary election on May 6, leaving the state with its
coffers almost empty and no elected cabinet in place to satisfy lenders it
deserves the money needed to stay afloat….
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