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Greece Just Can't Get a Break
Things continue to get worse for Greece, which has been weighting on the EUR. An FT article reported that more than €10bn of deposits have been withdrawn the four largest Greek banks, forcing them to ask the Greek government for extra liquidity (from remaining Bank Support Package). This is not a good omen for the €10bn Greek auction expected next week. Marketers have been focused on the US since... ...More...
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