Greek money boosts Bulgarian and Romanian banks

The flight of capital from Greek banks last year appears to have boosted bank deposits in Bulgaria and Romania, as Grexit fears, capital controls, the political uncertainty and the 23-day bank shutdown led many small and medium-sized enterprises to relocate from Greece to the other two Balkan states in the European Union, ekathimerini.com reports. The figures speak for themselves, as bank deposits in Bulgaria rose 10 percent last year while the ...

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