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Friday, February 6, 2015

Greek bank shares hit by broker downgrades amid debt stand-off

Greek bank shares fell on Friday, capping a week of wild trading swings, as brokers cut their forecasts on worries over dwindling deposits and the effects of political brinksmanship between Greece and its creditors. Greek banks' dependence on central-bank funding -- and the European Central Bank's move to deny the use of Greek bonds as collateral -- has ratcheted up tension as Greece's new ...


READ THE ORIGINAL POST AT finance.yahoo.com