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Apr 28
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If your strategy for making money from greece financial turmoil was shorting Greece bank shares, you are to late.
The latest news from Greece is, Greek regulators have announced a ban on short-selling on Greece stock market, following steep falls in bank shares.
The reason why the banks are targeted is because they are the biggest buyers on greece debt. If Greece defaults, the banks will be hit with huge losses.
Since Greece has banned any short selling on Greece stockmarket, investors should look at international banks that might be carrying Greece debt.