GREECE
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Greek-Owned Banks Are Solid - BNR Deputy Governor
Romanian banks with Greek shareholders are solid and they can cope with the Greek crisis, which makes them attractive for investors, but the parent companies aren’t showing any intention to...
EBRD: Greece’s Troubles Unlikely To Send Romania Back Into Recession
Greece’s seemingly turn for the worse is unlikely to push Romanian economy into recession, according to Peter Sanfey, lead economist at the European Bank for Reconstruction and Development.
BNR Keeps An Eye On Greek-Owned Banks, No Help Needed - Supervisory Chief
Greek-held local banks are not affected by the problems faced by their shareholders in their countries of origin, where customers are moving their deposits abroad, and they have sufficient l...
BNR Supervisory Head Says No Withdrawals From Greek Banks
Greek banks, which control 17% of Romanian banking assets, have not withdrawn financing lines from local subsidiaries ahead of time so far, central bank officials said.