Greece Banks Agrees to Meet Finnish Collateral Demand-Sources

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Greece Banks Agrees to Meet Finnish Collateral Demand-Sources

Greece's four largest banks on Wednesday agreed to satisfy Finland's collateral demand as a condition for participating in a new bailout for Athens - banking source told Reuters
Source also added that National Bank, Alpha, Eurobank, Piraeus will provide collateral of 880 million euros in the form of cash and high-rated assets for Finland to satisfy its demand

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