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SVB Collapse Won't Affect Euro Zone Banks

In a recent interview, the head of Greece's central bank, Yannis Stournaras, stated that the collapse of Silicon Valley Bank (SVB) would not impact the banks in the eurozone or Greece.

Yannis Stournaras, Governor of the Central Bank of Greece
Yannis Stournaras, Governor of the Central Bank of Greece

Statement from Central Bank Chief

In an interview with Kathimerini newspaper, Stournaras, a member of the ECB's Governing Council, stated, "We don't see SVB having an impact on the euro zone's banks or the Greek ones."

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