Growing retirement savings banks in Greece – Azteca News

Athens, Grecia.-European Central Bank (ECB) raised the emergency funding to the Greek banks and savers took 1,200 million euros in a single day on Friday, bankers said, but the prime minister, Alexis Tsipras insisted that the country’s future in the euro is safe.

With Athens closer to a default later this month, the leftist leader told its citizens to be shown that the prophets of the “crisis and terror” are confused because his government will negotiate with your creditors in the European Union and the International Monetary Fund (IMF).

However, EU officials said the finance ministers of the Eurozone on Monday discussed how to handle a default unless Athens submit new proposals for reforms and austerity that can convince your creditors to unblock aid from August.

The president of the European Council, Donald Tusk, said no one should assume that Monday’s emergency summit find a “magic bullet”. Banking sources told Reuters that after the massive withdrawals of Friday, about 4,200 million euros had left the Greek bank accounts this week despite the efforts of the Bank of Greece to restore calm.

Those responsible for economic policy of the ECB rose for the second time in a week, the limit of the Emergency Liquidity Assistance, the lifeline that keeps afloat Greek banks faced with a fall in deposits in 1800 million euros, Greek officials said.

Greece is close to skip the June 30 debt payment of 1,600 million euros to the IMF, unless creditors resume funding. The Bank of Greece , which warned that the country’s future in the euro and even the EU is at risk if the government fails to reach agreement with its creditors’ tried to assure its savers that the banking system remains stable.

The money has been coming out of the bank from Greece the first bailout agreed in 2010. But, After a relative lull, withdrawals increased in recent months and accelerated abruptly this week.

Although in recent days increased fears of widespread chaos, the largest oil refinery Greece , Hellenic Petroleum told Reuters he has a contingency plan to ensure that sufficient fuel supplies for several months in case of an emergency.