ATHENS — Greek bank stocks plunged 30% on Monday, the maximum allowed in a day, after plans to merge the country's two biggest lenders were suddenly frozen.
 |
| READ THE ORIGINAL POST AT www.latimes.com |
How the world sees Greece
Tuesday, April 9, 2013
Greek bank stocks plunge after merger freeze
Merger of two biggest banks is on hold after international lenders express concern about the banks' ability to raise $20 billion. Fears over Greece's economy resurge.
ATHENS — Greek bank stocks plunged 30% on Monday, the maximum allowed in a day, after plans to merge the country's two biggest lenders were suddenly frozen.
ATHENS — Greek bank stocks plunged 30% on Monday, the maximum allowed in a day, after plans to merge the country's two biggest lenders were suddenly frozen.