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Friday, March 22, 2013

Greece's Piraeus to take over Cypriot banks' Greek units: sources


Kathimerini

Greece's Piraeus to take over Cypriot banks' Greek units: sources
Reuters
ATHENS (Reuters) - Piraeus Bank has been chosen to take over the Greek branches of Cypriot lenders that are being sold to shield the Greek banking system from the island's crisis, two bankers with direct knowledge of the negotiations said on Friday.
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