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Friday, June 21, 2013

Markets maintain calm as Greece faces another political storm

- Eurogroup chief Disselbloem: Euro Zone Ministers reach agreement on ESM bank recaps; retroactive direct bank recaps would be allowed on a case-by-case basis; Confirmed EUR60B ceiling for bank rescues and could can be changed by if needed - IMF said to be prepared to suspend aid payments to Greece by the end of next month unless EU leaders plug a EUR3-4B shortfall in the rescue program; EU ...

READ THE ORIGINAL POST AT www.greekherald.com