Greek bond yields have continued to surge as doubts remain over whether the euro-zone will actually be able to provide financial support to Greece. But a growing worry is that the ongoing crisis prompts Greek households and firms to remove their money from domestic banks and deposit it elsewhere, causing a domestic banking crisis. Needless to say, this would only add to the Government’s woes.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.