Monday, 21 May, 2012
Banks under pressure with Greek cash withdrawals
As Greece threatens to pull out of the euro, local banks have seen withdrawals worth billions in just a few days. While a good share of that money is channeled abroad, what does that mean with respect to the country’s situation and outlook? WRS’s Pete Forster talks to Salvatore Cantale, professor of Finance at IMD Business School in Lausanne:
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