Dude Tsig,
you're right that the interest rates of 3% is damaging than the 5.5% inflation.
We also agree on the results of stress tests that are questionable.
But in terms of coverage TEKE think is possible; And let us say that is, how long you will get your money back;
Here the state is no longer able to meet other obligations, will be able to cover the deposits; In store ...
A key question whether "the state is able to implement the law on deposit guarantees 100,000 euros, if they start a succession of bankruptcies of banks.
The TEKE to cover deposits, was at the end of 2009 approximately 2.3 billion euros. It has also created the Fund for Financial Stability capital 10 billion.
Taking a "small" bank like FBBank, which gives the best rate today, we see from the report of 2009 that has about 1.4 billion in deposits.
By the acts, it seems that funds are sufficient TEKE around two small banks and the Financial Stability Fund for several more.
Firstly thank Tsiggos for direct and informative answer!
Because it's his money TEKE is the banks themselves, not the state will get your money within three months up to 100,000 per person. At least that was the bank Koskota and most recently in 1991 with the Ellinoaraviki bank. Now that bankruptcy of the state and if we become like Argentina would become massive bankruptcy of banks, so there could not cover TEKE they will run out of money. The state already guarantees the deposits and that you also up to 100,000. The Karamanlis happened and want to set up and other engine with great reserve.
However, bankruptcy means not paying my debts (the adjoining foreign interests our politicians will never do that!). We get underneath all the U.S. and then EEC. Easier it is to continually reduce our wages and pay slavishly foreigners (Germany 1.5% borrow to lend us a 4.5% rate over the same and other countries, so this situation suits us these!)