Business

Greece Welcomes More Cross-Border Banking Deals, Stournaras Says

Greece Welcomes More Cross-Border Banking Deals, Stournaras Says

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Greece is open to more cross-border banking deals, whether they stem from foreign investors in its financial sector or from local lenders expanding abroad, Bank of Greece Governor Yannis Stournaras said.
“We’re taking a very pro-European view, which helps to implement banking union and capital markets union,” Stournaras said in an interview Saturday. Speaking on the sidelines of an informal meeting of European Union finance ministers in Copenhagen, he added: “We’re in favor of cross-border transactions and I hope that this will prevail elsewhere.”