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May 16th, 2012 
FAKE NEWS for the Zionist agenda Greece: Concern About Bank Runs
May 16th, 2012
Via: Bloomberg:
Greek President Karolos Papoulias was told by the central bank chief this week that financial institutions are becoming anxious about their prospects as Greeks pull out cash after the inconclusive May 6 elections.
Central bank head George Provopoulos told Papoulias that Greeks have withdrawn as much as 700 million euros ($891 million) and the situation could worsen, according to the transcript of the president’s meeting with party leaders on May 14 that was published yesterday.
“Provopoulos told me that of course there’s no panic but there’s great fear which can evolve into panic,� he said.
…
The risk of a run on Greek banks is “a very serious problem,� Yannis Ioannides, professor of economics at Tufts University in Massachusetts, told Bloomberg Television. He said the European Central Bank needs to guarantee deposits held by the region’s lenders to guard against contagion. “That’s the only way to kill a bank run: not words but deeds.�
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