Hellenic Bank Association president and National Bank's chief Luca Katselli on Sunday in an interview with Kathimerini newspaper ruled out the possibility of a deposits haircut and a new banks recapitalization.

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.

The bill on the recapitalization of banks was submitted to Parliament on Friday.
The debate on the bill is expected to start in the afternoon and the plenary is expected to vote on the bill on Saturday night.