The recapitalization of Greek banks was the focus of the meeting of the Governor of the Bank of Greece Yannis Stournara and the European Commission Vice-President Valdis Dombrovskis.

By agreeing with the BoG estimates, Moody's is offering the Greek Finance ministry probably the best weapon in the upcoming negotiations with the Troika over the Greek banks recapitalization.

Τoday's meeting of the PM with government VP Venizelos and Finance minister Stournaras lasted two hours and was about the burning obstacle of bank recapitalization in the Troika negotiation.