Brussels, 07/12/2015 (Agence Europe) - On Friday 4 December, the European Commission authorised additional State aid of €2.71 billion for the National Bank of Greece (NBG) on the basis of its modified restructuring plan. The health check revealed a deficit of own funds of €4.6 billion for NBG.
The bank has succeeded in covering a total of €1.8 billion of its capital requirements out of private funds (voluntary or obligatory exchange of existing notes for new shares and public...