Displaying items by tag: bad bank
ESM survey sees 8-12.5 billion-euro damage from 'bad bank' plan
The Greek state will suffer a loss of between 8 and 12.5 billion euros from the implementation of a Bank of Greece's plan to set up a "bad bank" to absorb Greek banks' non-performing loans, a survey on "Lessons from Financial Assistance to Greece" conducted under the guideance of Joaquin Almunia, former EU Economic Affairs Commissioner for the European Stability Mechanism (ESM), said on Thursday.
German media: Rescuing Greek banks at taxpayer costs?
The German press reports on the plans of the Greek government to support the banking sector. Among other things, there is talk of taxpayers being able to bear burdens in Greece.
Bloomberg: Δημιουργία «bad bank» εξετάζει η Ελλάδα
Η Ελλάδα σχεδιάζει τη δημιουργία «οχημάτων» για τη διαχείριση κόκκινων δανείων, μετά το sell off τραπεζικών μετοχών που ανέδειξε τις αμφιβολίες των επενδυτών για την υγεία του χρηματοπιστωτικού συστήματος της χώρας, δήλωσαν τρεις ξεχωριστές πηγές στο Bloomberg.