In your interest.
Online Personal Finance Magazine
No beating about the bush.
Under pressure from the European Union and international markets to rein in the nation's €300bn debt, Greece announced last week that it would have to enforce tough deficit-cutting measures. But the coming austerity package is leading panicked wealthy Greeks to divert their savings out of the country. A staggering €8bn-€10bn may have been taken out of Greece by private investors since it became engulfed by economic turmoil in November.