Greek bank deposits shrink 1.5% m/m in June

Greek business and household bank deposits shrank for a sixth straight month in June to reach 216.5 bln euros, central bank data showed on Monday.
The data showed that since the start of the year deposits in this category are down by 21.4 bln euros.
Shrinking deposits have added to the strains of Greek banks, which have become reliant on ECB funding to refinance operations with their access to wholesale funding shut in the wake of the debt crisis.