Banks gear up for stress tests, with results due in May

EconomyBanking Tags: Banking, ECB, IMF

A clearer picture of the stress tests for Greek banks emerged over the past few days as the various stages and dates involved in the process were finalised.

The aim of the process is for the ECB’s Supervisory Board to meet to discuss and rubberstamp the results of the exercise in May, leaving Greece’s lenders with a complete picture regarding the need to cover any, if at all, capital requirements.

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