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Tuesday, March 13, 2018

Greek Banks Report $6.5 Billion Burden From New Accounting Rules

Greece’s four largest banks have reported an aggregate burden of 5.25 billion euros ($6.5 billion) to comply with new accounting rules as European stress tests loom. The lenders are racing to reduce their soured debt pile ahead of a stress test on their ...


READ THE ORIGINAL POST AT www.bloomberg.com