The Residential Real Estate Post-Crash Index-MODERATED Message Board

5/15/2012 2:34:54 PM

1 Recommendation of 92568

Greek Depositors Withdrew $898 Million From Banks Monday

BY NEKTARIA STAMOULI ATHENS—Greek depositors withdrew €700 million ($898 million) from local banks Monday, the country's president said, as he warned that the situation facing Greece's lenders was very difficult.

In a transcript of remarks by President Karolos Papoulias to Greek political leaders that was released Tuesday, Mr. Papoulias said ...