Home » Business » Greek banks are swimming in cash – 2024-08-30 07:15:41

Greek banks are swimming in cash – 2024-08-30 07:15:41

/ world today news/ People should know clearly that the Greek state has problems in Greece, it is insolvent, and Greek banks are swimming in money.

This was stated by financier Emil Hersev for Nova TV.
“For the last seven months, the European Central Bank alone has poured 87 billion euros into these banks. “Since 2010, the BNB has been carefully monitoring everything that happens in the banks with Greek owners in Bulgaria and has taken all measures”, he also commented.

“In the short term, the problems in Greece will certainly have a positive impact on Bulgaria. Deposits in Bulgarian banks are increasing, apparently Greek citizens are rushing across the border to put their money in banks in Bulgaria, we also see Greek businesses moving to our country. This positive impact will be limited in a short period. In the long term, the impact is negative when there are crises in the region,” he added.

“Because the banks in Greece are closed for a whole week, none of the Greek partners of the Bulgarian business will be able to pay themselves during this period. This certainly creates difficulties for trade,” noted Hersev.

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