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Home > If Greek Banks Are "Fixed" Thanks To Draghi - Then Why Is This Happening?

If Greek Banks Are "Fixed" Thanks To Draghi - Then Why Is This Happening?

By Tyler Durden
Created 07/16/2015 - 11:20
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 07/16/2015 11:20 -0500



 

When we noted that Greek banks would re-open Monday - thanks to gracious handout from The ECB, we questioned how much faith depositors would have? [4] It appears, given the 4% tumble in National Bank of Greece ADRs that, judging by investors, that 'faith' won't last very long...

 

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Source URL: http://www.zerohedge.com/news/2015-07-16/if-greek-banks-are-fixed-thanks-draghi-then-why-happening

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/10417
[3] http://www.zerohedge.com/taxonomy_vtn/term/11787
[4] http://www.zerohedge.com/news/2015-07-16/greek-banks-reopen-monday-do-greeks-have-any-faith-left-their-banks
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/07/20150716_NBG.jpg