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Saturday, October 29, 2011

Most banks will accept Greek losses: IIF chief

Most banks will accept Greek losses: IIF chief More than 90 per cent of big banks are expected to take part in a voluntary "haircut" on their holdings of Greek debt agreed with EU leaders, the lenders' chief negotiator said on Sunday. Charles Dallara, head of the Institute of International Finance ... Most banks will accept Greek losses: IIF chief

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