Arab Today, arab today national bank of greeceeurobank merger suspended
Last Updated : GMT 17:55:24
Arab Today, arab today
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National Bank of Greece - Eurobank merger suspended

Arab Today, arab today

Arab Today, arab today National Bank of Greece - Eurobank merger suspended

Athens - FNA

Greece suspended the merger of its two major banks, the National Bank of Greece and Eurobank.According to Market Watch, the markets have been taken aback by the decision. Now experts doubt that the merger of Greece\'s two major banks will ever come about, the Voice of Russia reported.15.6 billion euros are required to boost the banks\' paying capacity.50 billion euros have been allocated as part of the second bailout package of 173 billion euros for Greece to ensure the recovery of capital assets of the biggest banks and to do away with minor moneylenders.

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