Greece allegedly arranged swap contracts with about 15 banks

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The swaps that allowed Greece to receive payments upfront date from before 2008, when European Union regulators changed rules to limit the use of the contracts, the person told the news agency.

The 15 banks that have swap agreements with Greece are among the country’s primary dealers, said the person.

The struggling eurozone country last year had 21 dealers last year, including Citigroup Inc., Barclays Plc and Morgan Stanley.