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CommentWire
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In its latest European expansion, French bank Credit Agricole has set its sights on the thriving Greek market, with plans to boost in current 10% stake in Emporiki Bank to 40%, prior to an outright buy. However Credit Agricole faces a stiff test as opposition mounts from Emporiki unions and staff, showing that entering the Greek market is not without its risks.
Published By Datamonitor
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03 Aug 2006 |
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Expert View
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The uncertainty surrounding the willingness and ability of the eurozone to deal with the debt crisis effectively is exacerbating problems that have been latent since its inception. Greece is now faced with tough choices that have been postponed since the country joined the euro over 10 years ago. This is expected to have dramatic impacts on the overall wealth held by Greek retail investors.
Published By Datamonitor
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04 Oct 2011 |
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