Tag Archive: greek default

Greece and the Moment of Truth

Imagine for a moment the feeling of sheer panic you might experience if you went to your bank and were told you cannot withdraw your own money… Unfortunately, the people of Greece are going through such a scenario right now as we speak… After a weekend in which no deal was able to be reached concerning an extension of funding for the country, Greece has now imposed capital controls and closed its banks for the next several days. Greek depositors are limited to withdrawals of... Continue Reading