Greek Bank Deposit Outflows Said to Have Slowed After Elections

Greek deposit withdrawals slowed after an election victory by the pro-bailout New Democracy party eased concern the nation will abandon the euro, three people familiar with situation said.

Deposits were little changed at one of the nation’s top four banks yesterday, according to one banker, who asked not to be identified because the information is private. Daily withdrawals in Greece peaked at more than 700 million euros ($880 million) last week, the bankers said. An official for the Bank of Greece, the Athens-based central bank, declined to comment.