Greece, the troika and banks' capital needs: A step-by-step guide

Photo by MacroPolis
Photo by MacroPolis

Troika officials are due to meet Bank of Greece (BoG) governor Giorgos Provopoulos on Wednesday as local lenders’ capital needs have shot to the top of the agenda in the current round of talks between Greece and its lenders.

Ahead of the troika’s arrival on Monday, it had been widely reported that Greek banks would need no more than 6 billion euros. However, there is now speculation that the troika believes this figure will be much higher.

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