All eyes on Frankfurt for stress test results

31 October 2015
91 Views

Athens and Brussels are eagerly anticipating the results of the stress tests on Greek banks and their capital requirements according to the baseline and the adverse scenarios that the European Central Bank will release on Saturday morning in Frankfurt.

The extent of the capital needs will determine whether or not the recapitalization of banks can be dissociated from the completion of the first review of the bailout program.

The all-important  euros, i.e. the amount Greece has already borrowed, and can be released to banks through a simple decision by the European Stability Mechanism board.

You may be interested

GREECE
shares45 views

Olympiakos announces Lemonis as new coach

makis - Sep 25, 2017

Former coach of Olympiakos Takis Lemonis will take the helm of the club after the administration sacked coach Besnik Hasi…

Latest poll: ND leads SYRIZA by 13%
POLITICS
shares54 views
POLITICS
shares54 views

Latest poll: ND leads SYRIZA by 13%

makis - Sep 25, 2017

Major opposition party New Democracy (ND) holds a 13% point lead over ruling leftist party SYRIZA in the latest poll…

Dijsselbloem says “clean exit” from memorandum for Greece the goal, but supervision will continue…
FINANCE
shares63 views
FINANCE
shares63 views

Dijsselbloem says “clean exit” from memorandum for Greece the goal, but supervision will continue…

makis - Sep 25, 2017

“We share a common and strong interest in completing the review quickly before the end of year”, said EuroGroup President…

Leave a Comment

Your email address will not be published.