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Thursday, June 14, 2012

Greek bank stocks surge on pro-bailout optimism ahead of vote

ROME (Reuters) - Greek banking stocks surged on Thursday, rising over 20 percent amid market talk that secret opinion polls were showing that a government favorable to the international bailout agreement was likely to emerge after the June 17 election. "The market sees that a pro-European government which will push ahead with reforms will be formed on Sunday," Panagiotis Kladis, an analyst at NBG Securities told Reuters. ...