The Netherlands & Greece: Heineken moves excess cash from Greece - report

Heineken NV moved excess cash from Greece as a preparation for a possible exit of the country from the euro, Het Financieele Dagblad reported on June, 2, citing an unidentified spokesman.

Heineken transfers the money from euros into U.S. dollars or pounds when possible, the Dutch newspaper reported.

The brewer expects Greece to remain within the euro area and is still investing in the country, the spokesman is cited as saying.

06 June, 2012