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Thursday, June 13, 2013

Greek Banks Said to Lure Investors to Avoid Full State Control


Greek Banks Said to Lure Investors to Avoid Full State Control
Bloomberg
National Bank of Greece SA and Piraeus Bank (TPEIR) SA have secured sufficient backing from private investors for their capital raisings to enable the lenders to avert complete nationalization, according to people with direct knowledge of the transactions.

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