Tuesday 06 January 2009
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Greece allocates funds in bank liquidity support planGreece has allocated 2.01 billion euros worth of state bonds to two Greek lenders as part of a 28 billion bank support package to keep the economy adequately funded, the country's finance ministry said on Wednesday. The government's scheme provides capital injections via the sale of preferred shares to the state, guarantees on debt issuance by banks and liquidity support via special government bonds. more from business/finance »


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