ECONOMY

Greek minister rules out haircut on deposits

Greek minister rules out haircut on deposits

Alternate Finance Minister Tryfon Alexiadis has ruled out a haircut on deposits.

“A haircut on deposits in neither in the intentions of the government, nor in an issue in ongoing negotiations,” Alexiadis told a Parliament committee on tax issues on Wednesday.

Such speculation, the minister said, is product of “political scaremongering.”

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