Low compensation prompts banker exodus fears
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At the height of the Greek economic crisis, a depositor in one of Athens’s wealthier northern suburbs strode into his local bank and demanded to withdraw his life savings on the spot. As these amounted to more than €1 million, it took a while for the bank’s staff to gather the cash together. But the depositor was eventually ushered into a small room where several bundles of €50 notes had been neatly piled in accordance with his instructions.
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