Where we stand in the Greek bank recapitalisation process

Economy
Photo by MacroPolis
Photo by MacroPolis

The recapitalisation of Greek banks remains at the forefront of domestic banking and economic developments and is among the key elements in the first review of the third bailout programme.

At the moment, an asset quality review (AQR) is being conducted by the Single Supervisory Mechanism (SSM) of the ECB, which will be followed by a stress test under a baseline and an adverse scenario.

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