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Saturday, May 31, 2014

Greece's Piraeus Bank posts loss as bad debt weighs

Piraeus reported a net loss of 247 million euros ($336.3 million), wider than the average forecast of 210 million euros from analysts in a Reuters poll. The bank booked a profit a year earlier due to a one-off 3.41 billion euro goodwill writeback on the ...

READ THE ORIGINAL POST AT www.reuters.com