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Image header Agence Europe
Europe Daily Bulletin No. 11429
Contents Publication in full By article 24 / 39
ECONOMY - FINANCE / (ae) greece

Lower requirements of banks are good news for Greek debt

Brussels, 12/11/2015 (Agence Europe) - The lower than anticipated requirements of the Greek banks will have a positive impact on the public debt of the country, the Director General of the European Stability Mechanism (ESM), Klaus Regling, told the economic committee of the EP on 10 November.

Initially, the third Greek bailout plan provided for up to €25 billion for the recapitalisation of the banking sector, but the ECB's health check revealed capital requirements of no more than €14.4...

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