ECONOMY - FINANCE - BUSINESS / (ae) greece

Greek banks want recapitalisation breathing space

Brussels, 08/03/2013 (Agence Europe) - Greek banks want to negotiate slightly longer for completing their recapitalisation, reported AFP on Friday 8 March. The troika of lenders (The European Commission, the European Central Bank and the IMF) and the Bank of Greece seem keen for the original deadline to be stuck to (April 2013), but the Greek financial industry wants more time to attract private investment to achieve the 10% capital requirements needed to meet the government's rules and...