Tag Archive for Greeks

Greek Banks take extra care to keep ATMs full of cash | ekathimerini.com

Cash withdrawals from bank accounts exceeded 2 billion euros on Wednesday and Thursday, according to bank officials, as the vast majority of Greeks appear to have decided to stash some cash due to the uncertainty of tomorrow’s election. There were also some who have opted for foreign bonds, mutual funds, foreign currency and foreign stocks.…

Treasuries Advance as Greek Election Boosts Safety Bid – Bloomberg

Treasuries rose, set for a weekly gain, amid concern Greeks will elect a government hostile to the terms of its bailout and before U.S. reports that may show production slowed and consumer confidence fell. Ten-year notes outperformed similar-maturity German bunds as investors favored securities from outside the euro area. Greeks vote in two days after…