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Monday, October 27, 2014

Greek Banks Pass EU Stress Tests, Reserves May Be Tapped Over Debt

Greek banks performed well in European Central Bank stress tests to pass the standard of health, leaving the government to say it might use 11.4 billion euros in their reserves to write down the national debt, although it could also be a buffer for an early exit from bailout deals with international lenders. The post Greek Banks Pass EU Stress Tests, Reserves May Be Tapped Over Debt appeared first on The National Herald.


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