Displaying items by tag: troika

The meeting between Bank of Greece governor Giorgos Provopoulos and the Troika auditors concerning the banks recapitalization ended up in total disagreement.

The Greek parliament will need, by May, to approve  dozens of measures to make its economy more competitive, as condition for receiving further funds from the troika with which it resumed bailout talks on Monday.

Today's meeting between the auditors and Bank of Greece governor Yiannis Provopoulos ended in total disagreement about the recapitalization of Greek banks. The two sides are sticking to their guns, with the governor saying the need is for 5.5 to 6 billion and the Troika representatives insisting it is closer to 20 billion.