Bank recapitalization in final phase
- Written by E.Tsiliopoulos
Greece's four systemic banks will have to finalise their plans on how to cover their capital needs after the ECB's recent stress tests and the voting of the recapitalization plan in the Parliament.
Banks have a deadline until Friday, November 6 to send their plans and at the same time start a series of discussions and meetings with foreign investors that already participate in their portfolios as well as new ones.
The banks expressed their optimism that the private sector will cover their capital needs and the procedure will be successful.
Finance Minister Euclid Tsakalotos also expressed optimism that the recapitalization of the banks and the bad loans will have been completed by the end of the year.
Tagged under
Related items
-
Two UAV drone systems the new Laskaridis donation – Negotiations for 2+2 FREMM Bergamini frigates from Italy (photos)
-
Greek artist honored for stark climate crisis imagery
-
Mitsotakis honored with the Gold Medal of the Ludwig Erhard Foundation for his economic reforms
-
Yorgos Lanthimos: The Greek island where the finale of his new film was filmed, after being turned down for the Acropolis
-
Strong earthquake betwen Kasos and Karpathos - One off event says chief seismologist
Latest from E.Tsiliopoulos
- Two UAV drone systems the new Laskaridis donation – Negotiations for 2+2 FREMM Bergamini frigates from Italy (photos)
- Greek artist honored for stark climate crisis imagery
- Mitsotakis honored with the Gold Medal of the Ludwig Erhard Foundation for his economic reforms
- Yorgos Lanthimos: The Greek island where the finale of his new film was filmed, after being turned down for the Acropolis
- Strong earthquake betwen Kasos and Karpathos - One off event says chief seismologist