 Kathimerini | Piraeus buys Cyprus bank units in Greece for 524 million euros Fox Business The deal, funded by Greece's bank bailout fund HFSF, means 312 local branches of the three Cypriot banks will reopen on Wednesday after being shut since March 19 as Cyprus scrambled to strike a bailout deal to prevent an economic meltdown. Greece's Piraeus signs deal to buy Cypriot bank units-source Piraeus to wrap up takeover of Cypriot banks in Greece by noon Piraeus to pay $678 million for Cypriot banks |
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