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Bank of America estimates that Greek banks need almost 14 billion euros after the debt haircut
01 November 2011 / 16:11:11
1
National Bank of Greece, Eurobank EFG, Alpha Bank and Piraeus Bank will need a major infusion of capital after the macroeconomic crisis of the country has dropped their shares and they lost most of their value last year and a half.
Default is possible in case of a negative Greek vote
01 November 2011 / 15:11:17
1
According to Fitch, the referendum announced by the Greek prime minister dramatically raises the stakes for Greece and the eurozone.
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