PressTV
Mon Jul 30, 2012 6:14PM GMT
Workers from the Greek state-controlled ATEbank stage a 24-hour strike in Athens after learning larger rival bank Piraeus is to take over ATEbank's healthy assets.
A Greek man walks in front of a closed branch office of ATEbank in Athens. (file photo)
The strike on Monday was called in opposition to changes taking place in the country's banking landscape that it says Greece is implementing under pressure from its creditors.
In a deal announced last week, Piraeus Bank acquired, from the state-owned lender, EUR14.7 billion in assets and EUR21.4 billion in liabilities, including EUR14.3 billion in customer deposits.
In a deal announced last week, Piraeus Bank acquired, from the state-owned lender, EUR14.7 billion in assets and EUR21.4 billion in liabilities, including EUR14.3 billion in customer deposits.
To read the rest of this story, visit PressTV.ir.
