The European Stability Mechanism (ESM) board of directors decided to release 2.71 billion euros to Greece to recapitalize the National Bank of Greece, on Tuesday. This amount will be subtracted from the funds designated to cover potential resolution and recapitalization costs of the banking sector, part of the ESM financial assistance granted to Greece in August, the
 |
| READ THE ORIGINAL POST AT greece.greekreporter.com |
