33 Billion Withdrawn from Greek Banks Since October

Three billion euors have been withdrawn in the last week from Greek bank accounts. There are no long lines and no signs of panics.

Tsipras is in Russia meeting President Putin.

Step one might be the withdrawal of Greece from the euro, but not the eurozone.

The outcome of the potential drachma drama is unclear.  ECB provides 3 billion to get through the weekend.

Euro and Drachma