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Debt swap slams Greek banks' profits

2012-04-20 9 Dailymotion

Greece's four biggest banks have posted huge losses for last year as they wrote down the value of Greek government bonds.<br /><br />They were hit hard by last month's bond swap to cut the country's debts part of the rescue package negotiated by Athens with the European Union and International Monetary Fund.<br /><br />...<br />http://www.euronews.net/

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