Piraeus bank: only marginal effects due from US downturn
March 2008 - From the Print Edition
“The devil is not as black as he is painted,’’ says Stavros Lekkakos, CEO and president of Piraeus bank Romania. This is in reference to the antagonism felt in the Romanian financial market concerning a possible recession in USA.
“Even if Romania’s short term outlook doesn’t look too bright, the opportunities offered in the medium and long run by the Romanian economy must not to be ignored,” says Lekkakos. “Romania is now a member of the EU club that offers a safety net that cannot be igno...
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