Meanwhile, Greece Is Quietly Printing Billions Of Euros
by Tyler Durden
ZeroHedge.com
06/20/2025
During the same period over which Greek banks lost nearly €30 billion in deposits, banknotes in circulation jumped by some €13 billion. In short, because Greeks are increasingly prone to stuffing their euros in mattresses, a large proportion of the deposit flight has come in the form of hard currency withdrawals, meaning the Bank of Greece is forced to (literally) print billions in physical banknotes.
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