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  • 2011/07/28
  • 3 min
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Crédit Agricole S.A. draws conclusions from the deteriorated economic condition in Greece during the 2nd quarter 2011

The Group welcomes the European support plan and will participate in it
Crédit Agricole S.A. welcomes the statement made by the heads of state and government of the euro area relating to the new support plan to Greece which demonstrates the European authorities’ commitment to overcome the country’s debt crisis. As far as it is concerned, the Crédit Agricole S.A. Group will participate in the proposed plan.
This agreement will support the local economy, which remains severely impacted, as evidenced by Emporiki Bank’s activity for the second quarter 2011...