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Europe Daily Bulletin No. 10822

9 April 2013
ECONOMY - FINANCE - BUSINESS / (ae) greece
Savings in Greece are safe, says the Commission

Brussels, 08/04/2013 (Agence Europe) - On Monday 8 April 2013, the European Commission made reassuring noises to the effect that savings in Greek banks will not be raided, following an announcement by the Central Bank of Greece on Sunday evening that four banks - BNG (National Bank of Greece), Alpha Bank, Eurobank and Piraeus Bank - will be bailed out separately, thus abandoning the de facto merger that was due to take place between BNG and Eurobank (see EUROPE 10821).

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