Greek banks' liquidity position at the centre of attention

Economy Tags: Banking, Liquidity
Photo by MacroPolis
Photo by MacroPolis

An extraordinary meeting was held on Friday afternoon to assess the liquidity position of Greek banks after the imposition of capital controls on June 29.

Following the meeting, the chair of the Hellenic Bank Association and NBG Louka Katseli told reporters that Greek banks have a liquidity cushion of around 1 billion euros, which is considered sufficient until Monday. However, banking sources have indica...

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