Greek deposits safe

ATHENS: Greek depositors won’t be forced into a ‘bail-in’ after top banks raised enough capital to avoid having to seize their clients’ assets, officials said on Tuesday. The banks raised enough fresh capital to get by on their own, or at least qualify for public funds making up any shortfall, they said. Burdened by non-performing loans and constrained by capital controls imposed in June, Greek banks have seen their capital wither and been living under threat of being forced to seize deposits as their Cyprus counterparts had been in 2013.