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2012-05-16

"Det finns ingen anledning till oro"

“Provopoulos told me that of course there’s no panic but there’s great fear which can evolve into panic,” the president said.

Greek President Karolos Papoulias was told by the nation’s central bank chief that financial institutions are worried about their survival as Greeks pull out euros

Greeks have withdrawn as much as 700 million euros and the situation could worsen according to the transcript of the president’s meeting with party leaders on May 14 

Banks in downtown in Athens were open as normal today with no signs of unusual activity.

Bloomberg, May 16, 2012, 10:35 AM GMT+0200

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