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Wednesday, November 5, 2014

Greece can use bank rescue funds after bailout exit

Greece can use the remaining 11.5 billion euros in its bank rescue fund as a precautionary credit line when it exits its EU/IMF bailout, the country's central bank chief told Greek newspaper Ta Nea on Wednesday. "Excluding a small amount that must remain (at the fund) as a security cushion for unforeseen credit system risks, the largest part of this sum could be used as a precautionary credit ...


READ THE ORIGINAL POST AT finance.yahoo.com