Bank withdrawals rise

Anxious Greeks withdrew as much as 700 million euros from the nation?s banks in the first week after the inconclusive May 6 election, President Karolos Papoulias told party leaders on Monday, according to a transcript of the meeting posted on the presidency?s website on Tuesday.

Papoulias said he got the information from the head of the Bank of Greece, Giorgos Provopoulos, according to the transcript. [Bloomberg]