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Thursday, July 11, 2013

Greek Bank Recapitalization Goes Smoothly

Greece’s strained banks, undercut when a previous government imposed big losses on investors and bond holders, are rebounding thanks to a recapitalization program intended to prop them up and get lending going again, according to a review from one of the beneficiaries, Alpha Bank. Alpha Bank analysts wrote that, after the successful recapitalization of the systemic banks of Greece, the ...

READ THE ORIGINAL POST AT www.greekherald.com