Eurobank, one of the four Greek banks bailed out by the European Union and the International Monetary Fund in the wake of Greece’s debt crisis and that country’s third-highest lender, announced today a ???2-billion issue of new shares set to occur by the end of the year. (???2 billion is approximately $2.7 billion, as of the time of writing.) This stock sale is part of the bank’s plan to return to private ownership after the 2012 bailout.
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