Confidence in banking system hurt, SEV says

Gazzetta team
Confidence in banking system hurt, SEV says

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The possibility of a haircut on deposits is rather low, Hellenic Federation of Enterprises (SEV) said in a report on Thursday as it relates to the entire banking system (large systemic risk).

However, the confidence in the banking system has been hurt and it is difficult to recover amid their fear of a potential haircut on deposits, SEV added.

As for pension system, the same report noted that one out of four new pensioners in the period September 2014 - May 2015 were below 55.