Tag Archives for: Greek Banks

The German Siege Of Greece Begins

greeceDid you notice that Greece’s creditors are not rushing to offer the Greeks a new deal in the wake of the stunning referendum result on Sunday?  In fact, it is being reported that the initial reaction to the “no” vote from top European politicians was “a thunderous silence“. 
NYSE:GREK July 6, 2015 10:22pm

Greek Banks Get Shut Down For A Week And A ‘Grexit’ Is Now Probable [Dow Jones Industrial Average 2 Minute]

greeceIs this the beginning of the end for the eurozone?  For years, European officials have been trying to “fix Greece”, but nothing has worked.  Now a worst case scenario is rapidly unfolding, and a “Grexit” has become more likely than not. 
NYSE:DIA June 29, 2015 12:12pm

The Economic Depression In Greece Deepens As Tsipras Prepares To Deliver ‘The Great No’ [Global X Funds]

greeceAs Greece plunges even deeper into economic chaos, Greek Prime Minister Alexis Tsipras says that his government is prepared to respond to the demands of the EU and the IMF with “the great no” and that his party will accept responsibility for whatever consequences follow.
NYSE:GREK June 18, 2015 3:15pm

We Are Watching The Greek Banking System Collapse Right In Front Of Our Eyes (GREK, EUO, EWI, EWP, VGK)

Michael Snyder: Money is being pulled out of Greek (NYSEARCA:GREK) banks at an alarming rate, and if something dramatic is not done quickly Greek banks are going to start dropping like flies.  As I detailed yesterday, people do not want to be stuck with euros
NYSE:EUO May 17, 2012 10:10am

Why We Are Going To See Bank Runs Happening All Over Europe (XLF, EWP, EWI, FXE, VGK, EWG, FAZ, FAS)

Michael Snyder: The bank runs that we are watching right now in Greece (NYSEARCA:GREK) are shocking, but they are only just the beginning.  Since May 6th, nearly one billion dollars has been withdrawn from Greek banks.
NYSE:EWG May 15, 2012 11:23pm

Greece “Officially Defaults” March 23, Banks Close (EWG, VGK, FXE, EWQ, GLD)

Dominique de Kevelioc de Bailleul:  Wonder why European leaders appear more like a rotating cast of bumbling 3  Stooges than a team of coordinated fraternal bureaucrats throughout the debt crisis in

NYSE:EWG February 16, 2012 10:22pm

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