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Author Topic: Greek Banks to close tomorrow  (Read 985 times)

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Old Cruser

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Greek Banks to close tomorrow
« on: June 28, 2015, 07:03:04 PM »
What happens in this kind of situation, it's not something I have come across before.
I've seen people queuing to get some money out, but what about those who have substantial savings - will they lose it all??
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therealjr

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Re: Greek Banks to close tomorrow
« Reply #1 on: June 28, 2015, 10:35:08 PM »
If you think back to the chaotic scenes surrounding Northern Rock you can understand why they've done it.. That said the UK government were in a position to bail NR out. The Greeks can't do the same. This is only going to end up badly
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Old Cruser

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Re: Greek Banks to close tomorrow
« Reply #2 on: June 29, 2015, 07:09:27 PM »
They say only £40 ( UK pound ) can be drawn out on a daily basis - what about Direct Debits and standing orders will they go automatically?
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