According to Goldman’s current analysis, the overall exposure of European banks in Russia and Ukraine reaches the amount of 211 billion dollars and while the risk of proliferation of the crisis is limited, many banks are expected to revise their strategies in these countries.

Two Greek banks, Piraeus Bank and Eurobank, are in the list of the European banks that have exposure to the Ukrainian market .

Piraeus has 200 million in loans and 100 million in deposits while Eurobank has 300 million in loans and 200 million in deposits. Both have exposure to Russia and Portugal. Note that these amounts are calculated on the basis of the fourth quarter of 2013.