Reuters: Strong Banking Ties to Greece Pose Risk for Bulgaria, Balkans

An illustration photo of an artpiece made of cut out Greek euro coins, in Frankfurt/Main, Germany, 23 February 2015. Photo EPA/BGNES

Balkan countries including Bulgaria “remain highly vulnerable to the threat of Greek financial collapse” due to their strong banking and trade links with Greece, Reuters said.

Even though Greece seems for now to have won a four-month extension of its bailout programme, the danger of a potential exit of the country from the euro still exists, the newswire said.

You can read the full article here.

 

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