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From Marginal Revolution: Talk of Euro abandonment would trigger an immediate run on Greek banks, sending the country into an even deeper hole.  Who wants a Euro deposit to be converted into a drachma deposit? You could imagine keeping current Euro-denominated deposits and adding new drachmas to the system, circulating at a flexible exchange rate.  That still might trigger a bank run (who expects the parallel currencies to last forever?).
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One of the great fears of the euro crisis is that there could be a run on the banks. In particular, experts fear that speculation of a Greek exit from the euro currency could cause a major run in Greece, potentially causing the bank... Read Post

As it so happens, none of the major investment banks really view this weekend's election results out of Greece as having much impact on whether the country will exit the eurozone or not. Citi leaves their odds of a Greek exit betwee... Read Post

Greece's bank deposit outflows reached 13-14 billion euros in the September to October period. ||| Greece's bank deposit outflows reached 13-14 billion euros in the September-October period, the country's central bank chief said on ... Read Post