Greek banks hammered after ECB snub, Athens rejects 'blackmail'

February 5, 2015 10:21 AM

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Greek banks hammered after ECB snub, Athens rejects 'blackmail'

Greek FM meets Draghi, Schaeuble next

ATHENS/FRANKFURT (Reuters) - Greek borrowing costs leapt and bank shares were hammered on Thursday after the European Central Bank abruptly pulled the plug on its funding for the country's financial sector in what Athens labelled an act of coercion.

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