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Greek banks may run out of cash soonGreek banks could start to run out of cash over the next two days if creditors do not agree to a new aid deal, two sources familiar with the country's financial system said. With withdrawals from cash machines rationed to a ma More… |
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Greek banks may run out of cash soonGreek banks could start to run out of cash over the next two days if creditors do not agree to a new aid deal, two sources familiar with the country's financial system said. With withdrawals from cash machines rationed to a ma More… |
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Qatar's Greek bank bailout 'a strategic bet'Qatar's decision to inject 500 million euros ($704.3 million) into the newly-formed combination of Eurobank EFG and Alpha Bank, via a mandatory convertible bond, could pay strategic dividends, said experts. Qatar's little-known Par More… |
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Oil rises on US spending, Greek bank mergerBrent crude rose for a sixth straight session on Tuesday, buoyed by a landmark bank merger deal in Greece and strong data from the US that allayed fears the world's top oil consumer was sliding back into recession. Oil prices were als More… |
