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Announcement of the Bank of Greece

16/11/2009 - Announcements

The Bank of Greece has recommended to a number of Greek banks that they show restraint with regard to their participation in the twelve month Eurosystem liquidity providing operation in December, in order to facilitate their exit from the extraordinary and temporary measures of the Eurosystem when these measures are withdrawn.

Under no circumstance does this recommendation constitute a prohibition. Moreover, it is not connected with the Greek government bonds which banks are holding or are wiling to purchase.

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