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Tuesday, January 21, 2014

Greece seeks lower bank capital target to help plug country's funding gap

Greece wants its international lenders to agree to a lower capital ratio for its big banks so there is money left over in its bank rescue fund to help to plug the country's funding gap, bankers said on Tuesday. Greece is in talks with the International Monetary Fund, the European Commission and the European Central Bank, the so-called "troika" of international lenders, to cut the amount of ...

READ THE ORIGINAL POST AT finance.yahoo.com