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> Economy

Greeks withdrew 2.5 billion euros in December 2014

German newspaper senses nervousness as Greeks withdraw 2.5 billion euros in December

Newsroom January 4 11:24

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German Die Welt newspaper reports that Greeks are becoming more concerned about the financial crisis and that this is reflected by the fact that a total of 2.5 billion euros was withdrawn from Greek banks in December 2014.

The German newspaper said that “the ongoing mini-capital flight is unusual and it is explained by the citizens’ major concern for the January 25 snap elections.” The newspaper said that the trend that resulted in money being withdrawn had started in November.

Germans are also speculating on whether Greeks will exit the euro area. German Chancellor Angela Merkel has said that the euro would be able to withstand a Grexit

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