Author: Eamonn Sheridan

Reuters with the headline:

  • Head of Greek bank association tells Skai TV the FT article on deposit haircut is 'completely baseless'

He is referring to this: FT: Greek banks considering bail-in "haircut" of at least 30% on deposits above €8,000

For depositors sake I hope he is right.

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The Greek referendum is on this weekend. Early results should begin to trickle in from 1800GMT on Sunday. We'll have results then as soon as they hit. 

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Is the Greek referendum even legally binding?

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