@asteris there's probably other bigger reasons though. I can't think CY stuff helped market conditions for merger though. Good job €group.
.@faisalislam what gives on the NBG - Eurobank scuppered merger front? And how does that tie to the Piraeus Bank shenanigans?
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@faisalislam some Greek journos seem to think merger was scuppered in favor of Piraeus, which always rides crisis waves to come out on top -
@asteris well I don't know much about that. What does@EfiEfthimiou think?@yanisvaroufakis said it was lack if private sector investors... -
@faisalislam troika thought synergies from the merger wud be smaller that expected & that there would be a need to give more money@asteris -
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@EfiEfthimiou I know the troika line. Any other substantiated takes on the merger?
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@asteris perhaps nervousness caused by €group Cyprus mess, scared off required private investors in merger: Partly unintended consequencesThanks. Twitter will use this to make your timeline better. UndoUndo
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@asteris so not directly connected. Perhaps indirectly. Cyprus caused ECB ELA to spike. JPM says Greece and CY. So some conjecture:Thanks. Twitter will use this to make your timeline better. UndoUndo
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