Piraeus Bank seeks stake in state banks | www.bullfax.com by Clubs athens greece

Thu, 15 Jul 2010 21:01:47 -0500

Piraeus Bank seeks stake in state banks | www.bullfax.com

by Clubs athens greece @ Thu, 15 Jul 2010 21:01:47 -0500

ATHENS, Greece (AP) -- Greece's private Piraeus Bank says it is offering to buy stakes in state-controlled ATEbank and Hellenic Postbank from the government for euro701 million ($890.5 million). ... The Prudent Investor submits: Is Greece the bad boy in the Euro club? It very much looks like it. A report from Greek website ekathimerini.com may fuel the ire of its Eurozone buddies. Piraeus Bids for Stake in State Banks. Greece's Piraeus Bank t will offer $892.9 million to ...

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