Financial News: BoG chief: More bank mergers will follow

Bank of Greece (BoG) Gov. George Provopoulos appeared certain that more bank mergers in the domestic sector will follow, during a meeting on Wednesday with President Karolos Papoulias.
"The merging of forces and alliances with foreign strategic investors appear to constitute a solution for joint actions, capital strength, international competitiveness, and of course, they constitute a condition for strengthening the liquidity that the Greek economy needs," Provopoulos said.

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