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Wednesday, March 27, 2013

Piraeus buys Cyprus bank units in Greece for €524m


Piraeus buys Cyprus bank units in Greece for €524m
Cyprus Mail
The deal, funded by Greece's bank bailout fund HFSF, means 312 local branches of the three Cypriot banks will reopen on Wednesday after being shut since March 19 as Cyprus scrambled to strike a bailout deal to prevent an economic meltdown.

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