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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Friday, July 24, 2015

ECB's Noyer calls for Greek banks capital injection before autumn tests

European Central Bank governing council member Christian Noyer wants to see an urgent initial injection of capital for Greek banks before the autumn tests that the ECB plans on what their exact needs are, he said in an interview with Le Monde. Noyer also said he was against the idea of asking the Greek banks' major clients to contribute to the recapitalisation - as was the case with the Cyprus banks bailout in 2013 - since most of those clients in the Greek case were small and medium-sized enterprises.


READ THE ORIGINAL POST AT uk.news.yahoo.com