Greece Will Sell Troubled Proton Postbank

Two of Greece’s shakiest banks, Hellenic Postbank and Proton, will have to be sold by mid-July as the country’s largest banks continue gobbling up smaller institutions as part of plans to help the beleaguered economy begin to recover, envoys from international lenders have directed. Proton was taken over when it became insolvency in the wake of bad loans and a scandal involving its ...

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