– ECB “Blesses” Greek Bank Runs, Says Unsure If Banks Will Reopen Monday (ZeroHedge, June 18, 2015):
Update: what else – an official denial: EU OFFICIAL: ECB DIDN’T SAY GREEK BANKS MAY NOT OPEN MONDAY
So, Benoit did not say what he said?
* * *
Just minutes after Greek FinMin Varoufakis warned people were trying to “incite capital flight” from Greece and Dijsselbloem stated that “capital outflows from Greece are worrying,” Reuters is reporting that The ECB dropped the bank run hammer:
ECB TOLD EURO ZONE FINANCE MINISTERS IT WAS NOT SURE IF GREEK BANKS WOULD BE ABLE TO OPEN ON MONDAY- OFFICIALS
Friday sees Russia-Greece meetings and Euro area leaders are supposedly meeting on Monday evening due to the seriousness of the situation so it appears the endgame is looming large one way or another.
The Greeks said this:
- *GREEK GOVT SAYS SOME PEOPLE SEEKING TO INCITE CAPITAL FLIGHT
And now we know who: the same ECB staffer who leaked the ECB’s “adjustment” to QE to a select group of hedge funds 10 hours before the news was public: Benoit Couere.
As Reuters reports,
The European Central Bank told a meeting of euro zone finance ministers on Thursday that it was not sure if Greek banks, which have been suffering large daily deposit outflows, would be able to open on Monday, officials with knowledge of the talks said.
The officials said that during the closed-door meeting of the ministers on Greece, the chairman of the meeting Jeroen Dijsselbloem asked European Central Bank Executive Board member Benoit Coeure if Greek banks would be able to open tomorrow.
Coeure answered: “Tomorrow, yes. Monday, I don’t know”
Banking sources said on Thursday that between Monday and Wednesday, Greeks have withdrawn around 2 billion euros from their bank accounts.
EU’s Dijsselbloem added:
- “WE ARE PREPARED FOR ALL EVENTUALITIES”