Nomura Bank: The crisis in Greece will have significant consequences in Romania and Bulgaria

The crisis in Greece wil most surely affect Romania and Bulgaria and the consequences started to make themselves felt: the first effect was a decrease of credits offered by Greek banks, a report of the Nomura bank, a Japanese bank reads quoted by a Financial Times blog. The Japanese bank underlines that the clauses of the Vienna Initiative, the agreement signed in 2009 in which main banks of credit institutions in Romania agreed to support their Romanian branches does not stand ...

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