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Thursday, December 12, 2013

Greek central bank head sees no risk of haircut on deposits- paper

Greek banks are well capitalised and savers face no risk of seeing the value of their deposits trimmed, the country's central bank chief said, financial daily Imerisia reported on Thursday. "There is no chance of a haircut on deposits in the foreseeable future, given that banks have not yet made use of significant capital buffers and will create additional ones from the sale of non-core banking ...

READ THE ORIGINAL POST AT finance.yahoo.com