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Tuesday, May 12, 2015

Credit system in quarantine

Greece finds itself in a state of quarantine, as is anything related to the “Greek risk,” due to the ongoing uncertainty and the danger of a serious liquidity accident. Foreign banks and stockbrokerages have either drastically cut or altogether stopped conducting transactions with their Greek peers over fears of the complications an accident or capital controls would generate.


READ THE ORIGINAL POST AT www.ekathimerini.com