HFSF 2013 annual report unveils accumulated losses of 15.1 bln and potential recovery value of 34.4 bln

EconomyBanking Tags: Banking, HFSF

The Hellenic Financial Stability Fund (HFSF) issued its 2013 annual report, which revealed some important financial information related to the Fund’s activities throughout last year.

The HFSF equity stood at 34.42 billion at the end of 2013 and reflects the potential recovery value of the original paid-up capital of 49.7 billion. The difference of the two figures primarily stems from the cumulative loss of 11.3 billion related to th...

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