Bank deposits return to Greece

Greek bank deposits have increased by 408 million euros in November, and as analysts say, this shows that the climate is changing.

 

According to data from the European Central Bank, deposits in Greek banks are now configured at 161.4 billion euros, while this afternoon Greek officials will announce the corresponding data from the Bank of Greece as it includes deposits from the Local Government Authorities.

 

Greek bank deposits appear relatively stable since June, when the result of the election reduced concerns about the country's exit from the euro. However, they still account for about one third of the value they had in December 2009.

 

An increase of deposits by 0.1% was also recorded in November in Italy and now they stand at 1.443 trillion euros, and in Spain too, where they increased by 0.8% and are now at 1.516 trillion euros.