Business Briefs

Greece’s banking system is showing strong resistance despite a fiscal crisis in the country, Vasilis Rapanos, president of the Hellenic Bank Association said on Monday.  Addressing an Economist conference in Athens, Rapanos said Greece was one of the few countries that the state did not intervene to bailout a bank because of the crisis, something that happened in several other countries, while he noted that the banking system was stable despite adverse conditions.

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