The Traderszone Network

Published in TZ Latest News 29 June, 2015 by The TZ Newswire Staff

Beggar Thy Neighbor? Greece’s Battered Banks Beget Balkan Jitters

Back in April, we noted that central banks in Bulgaria, Cyprus, Albania, Romania, Serbia, Turkey and the Former Yugoslav Republic of Macedonia had all effectively moved to quarantine Greece, as it became increasingly apparent that negotiations between Athens and the troika were set to deteriorate ahead of a €750 million payment due to the IMF on May 12. 

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