Brussels, 05/04/2013 (Agence Europe) - On Friday 5 April, the European Commission refused to say that it had doubts about the planned merger of National Bank of Greece (BNG) and Eurobank.
The Greek press says that the troika (the European Commission, the European Central Bank and the IMF) fears that the merger would give rise to a bank that is too big for Greece's GDP, owning 40% of the market.
Commission spokesperson Olivier Bailly said that for countries in receipt of financial aid, the...