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Carrefour makes swift Greek exit Friday, 15th June 2012
Europe’s largest retailer has announced it is selling out of Greece, in a move that reflects how tough the trading conditions have now become for the country.
Carrefour on Friday said it would sell its stake in its joint venture operation to local partner Marinopoulos, who will become its franchisee.
The decision comes just days before a landmark election this weekend, which could decide whether Greece remains in the euro.