Economy - Voice of America: Fears for European Banks as Greek Depositors Withdraw Money

Economy - Voice of America economy-and-business

Fears for European Banks as Greek Depositors Withdraw Money May 30th 2012, 19:02 LONDON - The European Central Bank has asked financial institutions across Europe to stand behind their struggling counterparts in Greece, Spain and other countries caught in the euro debt crisis.  Banks have an incentive to support their rivals, but will Europe's savers be as patient and keep their money where it is?  Hundreds of Greek hotel workers are on strike in Athens. They are angry about plans that could cut their wages by up to 40 percent.  Hotel worker Koukos ... Media files: C960B1AF-237E-47B8-A04E-17C0B588D6AD_cx0_cy0_cw0_w800_r1.jpg (image/jpeg, 0 MB)

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