January 22, 2006 Greece to Favor Credit Agricole in Emporiki Sale The Greek government will favor Credit Agricole SA of France in a planned sale of its stake in Emporiki Bank of Greece SA, the country’s fourth-biggest lender, daily newspaper...Read more »
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Financial markets are on the edge as investors await a solution to the European debt crisis. This blog examines the banks that hold billions of euros worth of Greek, Italian, and other sovereign debt; the governments that must pay off or refinance that debt; and the implications for the worldwide financial system if they can't.
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