Fairfax optimistic about prospects of a Greek debt deal

April 23, 2015 9:55 PM

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TORONTO, April 23 (Reuters) - Fairfax Financial Holdings , which bet on the success of a Greek turnaround last year, said on Thursday it is confident that Greece will reach a deal with its counterparts in the euro zone and remain a part of the currency bloc.

Fairfax last year became a key player in the bailout of one of the country's largest lenders Eurobank, after it bought a 13.6 percent stake in the bank. The Toronto-based firm recently boosted its position in the bank further, even as Greek banks suffered deposit outflows in the face of fears over t...

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