ATHENS (Reuters) - The Financial Times reported on Friday that Greek banks were preparing contingency plans for a possible "haircut" on deposits amid fears of financial collapse, a report the country's banking association said was "completely baseless".
The report came two days ahead of a referendum in which Greeks will accept or reject the tough terms of an aid deal with international creditors, a vote with the potential to decide the country's future in the euro zone.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!