A bank run in Greece? Triplet crises and the ghost of the new drachma

A bank run in Greece? Triplet crises and the ghost of the new drachma: "Eduardo Levy Yeyati, Maria Soledad Martinez Peria, Sergio Schmukler, 29 June 2011

As strikes and protests continue throughout Greece against the latest economic rescue plan, this column asks whether government inaction could lead to a run on Greek banks by ordinary depositors that would derail any existing restructuring plans and force Greece to default.

Full Article: A bank run in Greece? Triplet crises and the ghost of the new drachma"

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