Millennium BCP says in talks with Piraeus on Greek unit
LISBON Feb 6 (Reuters) - Millennium BCP, Portugal's largest listed bank by assets, said on Wednesday it is in talks with Piraeus Bank over the possible sale of its loss-making Greek unit.
It said in a statement that the discussions are ongoing and no decision has been made yet.
In November, Millennium said it had received several non-binding offers for its Greek operation. In the first nine months of last year Millennium reported losses at its Greek operation of 532 million euros.
(Reporting By Axel Bugge)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.