Greek bank recapitalisation: The story so far and what lies ahead

Economy
Photo by MacroPolis
Photo by MacroPolis

The Greek bank recapitalistion process will be one of the most pressing issues that the new government due to emerge from the September 20 snap elections will have to tackle.

The key ongoing development so far relate to the asset quality review (AQR) and the stress tests – both conducted by the European Central Bank (ECB) for the first time – that will determine the capital needs of Greek banks.

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