ECONOMY

Greek private sector bank deposits up in March for second month in a row

Greek private sector bank deposits up in March for second month in a row

Greek private sector bank deposits rose in March for the second month in a row, central bank data showed on Wednesday.

Business and household deposits increased to 145.08 billion euros ($157.44 billion) from 142.24 billion in February, Bank of Greece data showed.

Greek banks have seen deposit inflows over the space of more than two years after the country clinched a third bailout to stay in the eurozone in July 2015.

Athens exited its latest bailout in August 2018 and now relies on bond markets to refinance its debt. [Reuters]

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