EURUSD: Greek Banks Will Be Recapitalized Soon
According to George Provopoulos, Governor of the Bank of Greece, 4 major Greek banks are to receive €18bn in the coming days.
Earlier this week, the Stabilization
Fund of Greece, which is currently implementing the recapitalization of
Greek banks, has recently approved a plan, which will allow the banks to
receive extra financial support from the European Central Bank.
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