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Daily Archives: October 5, 2012

National Bank of Greece & Eurobank In Merger Talks?

Athens Stock Exchange suspended trade shares of National Bank and Eurobank on Friday following a media report that the two banks were in merger talks. An official at Athens Stock official told Reuters that “Trade in their shares will be suspended until the banks comment on the report,” the official …

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Angela Merkel to Visit Athens on Oct 9/2012

German Chancellor Angela Merkel is due to Athens next Tuesday, October 9th 2012. The visit was announced by Merkel’s spokesman Steffen Seibert. The announcement comes hours, after Greek Prime Minister Antonis Samaras apparently “unofficially” invited Merkel to Athens via his interview to German daily Handelsblatt. However the official invitation was …

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Greek PM: Money Available ‘Till End of November, Democracy at Risk if Gov’t Collapses

 Greek prime minister Antonis Samaras hit dramatic tunes about the state finances and the social situation of the country. Speaking to German daily Handelsblatt, Samaras stressed the necessity of the 31-billion-euro bailout tranche saying that Greece has money until the end of November. “Then the cash box is empty,” Samaras said. “Antonis Samaras told …

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