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BoG head: Part of the 11.5 bln euros of HSFS as last resort credit line

"The fact that the European Central Bank's (ECB) stress tests showed that Greek systemic banks do not lack capital gives the Greek economy the opportunity to make use of the 11.5 billion euros of the Hellenic Financial Stability Fund (HFSF) with greater ease and flexibility," said on Wednesday Bank of Greece (BoG) governor Yannis Stournaras to newspaper "Ta Nea".

  • Published in Economy
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