Boiling Frogs

A run on the spanish banks?

May 21st, 2012  |  by  |  published in Warning signs | Leave A Comment »

A run on the spanish banks?

Is there a bank run on the Spanish banks? According to El Mundo, Bankia’s customers did withdraw 1bn euros on a single day last week (the information was then denied by spanish officials). True or not, these allegations are a good opportunity to have a look on the long-term evolution of the deposits in Spain.

The squeaky problem of the greek silent bank run

May 16th, 2012  |  by  |  published in Crisis routine, Warning signs | 1 Comment »

The squeaky problem of the greek silent bank run

With the crisis, greek banks have been suffering from huge deposit flight. Official figures show that at least 80 billion euros have been moved abroad since 2009. What consequences for the greek economy? And how to address the problem?

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