Bloomberg: Greek banks … ‘bleeding’ deposits

Deposits stand at 133 million euro, estimates Bloomberg

Bloomberg reports that money is leaving Greek banks in … bags!

According to the news agency, outflows are so high that European officials are taking notice, as the head of the Eurogroup Jeroen Dijsselbloem even refered to a “restriction on capital movements”.

In an attempt to interpret the above statement, Bloomberg points to a more-or-less flippant statement explained by the fact that European officials are eying the worst scenarios for Greece.

The European Central Bank this week again increased liquidity, by one billion euros to Greece’s systemic banks, via the ELA mechanism.

Furthermore, Bloomberg suggests that due to the massive outflows, deposits in Greek banks now stand at roughly 133 billion from February’s 140 billion euros.