Greek Banks Considering 30% Haircut On Deposits Over €8,000: FT

Bankrobbery_0

Unfortunately for Greeks, the ECB has frozen the ELA cap, meaning that as of last Sunday, Greek banks were no longer able to meet deposit outflows by tapping emergency liquidity from the Bank of Greece.

Now, with ATM liquidity expected to run out by Monday and with the country’s future in the Eurozone still undecided, it appears as though Alexis Tsipras’ promise that “deposits are safe” may be proven wrong.

According to FT, Greek banks are considering a depositor bail-in that could see deposits above €8,000 haircut by “at least” 30%.
Read more at ZeroHedge

Bank bail-ins could happen anywhere in Europe after new rules were applied earlier this year. Your money is not safe anywhere.

The is all part of destroying the middle class and creating a poor population ruled by a rich elite.

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Published in: on July 3, 2015 at 22:00  Leave a Comment  

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