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New Data Show How Bad Things Were for Greek Banks the Week Capital Controls Were Introduced

Cash in circulation and Target2 liability hit all-time record highs
Lines outside of Greek ATMs.

Lines outside of Greek ATMs.

Photographer: Konstantinos Tsakalidis/Bloomberg

Today the Greek central bank released its monthly balance sheet for June 2015.

The balance sheet is dated to June 30—the day after capital controls were introduced in Greece.