Moody's: Negative outlook for Greece's banking system
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Moody's Investors Service has said its outlook on Greece's banking system is ?negative,? owing to acute deterioration in funding and liquidity.
?These pressures are unlikely to ease over the next 12-18 months and there is a high likelihood of an imposition of capital controls and a deposit freeze,? the credit ratings agency said in a report released Wednesday.
It said more than 30 billion euros in deposit outflows have been recorded since December.
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