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HSBC is looking for a large Greek bank

27 June 2010 / 12:06:01  GRReporter
6983 reads

    In May, 1 billion euro has been transferred from the National Bank of Greece in its subsidiary company in Cyprus and 750 million from the banks Alpha, Eurobank EFG and Piraeus have been transferred in their Cypriot subsidiaries. The phenomenon is expected to continue as the expectations of the European Commission are that all EU countries since 2011 will have positive economic growth with the exception of... Greece.

Tags: Greek banks crisis mergers and bankruptcies economy companies
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