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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Monday, July 13, 2015

EBRD 'sure' to play some role in Greek banks if deal holds

By Marc Jones LONDON (Reuters) - The European Bank for Reconstruction and Development is likely to play some role in getting Greek banks back on their feet if the euro zone's third rescue deal for the country holds, one of the bank's top officials said on Monday. Peter Sanfey, the EBRD's Acting Director of Country Strategy and Policy, told Reuters it was a relief that Greece looked to be staying in the euro and that would hopefully clear the way for the bank's first projects in the country. Sanfey said areas like logistics, agriculture and tourism were all potential areas of investment for the EBRD, but for many euro zone watchers it will be any involvement in the country's troubled banks that will be of most interest.


READ THE ORIGINAL POST AT uk.news.yahoo.com