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Tuesday, September 2, 2014

Greece Needs Private Debt Overhaul, Piraeus Bank CEO Says

Greece’s economy won’t return to growth unless debt of companies and individuals is restructured, said Piraeus Bank (TPEIR) SA Chief Executive Officer Anthimos Thomopoulos, a sign the country’s lenders may be preparing to write off bad loans.


READ THE ORIGINAL POST AT www.businessweek.com