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Europe Daily Bulletin No. 11352

7 July 2015
ECONOMY - FINANCE / (ae) banks
EBA denies any haircut on bank deposits in Greece

Brussels, 06/07/2015 (Agence Europe) - On Saturday 4 July, the European Banking Authority (EBA) set out to scotch rumours that small Greek savers could see their deposits being put to use in the event of a collapse of the Greek banking system.

I am not aware of any plans to introduce haircuts to retail depositors of Greek banks, as reported in the media this morning. I highly doubt that any authority or public body at EU member state level could consider this option, as it would be...

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