Pages

Tuesday, December 1, 2015

Let the Recap begin! ESM releases €2.72bn for Piraeus Bank

The Board of Directors of the ESM decided today to release €2.72 billion to Greece to recapitalise Piraeus Bank. This amount will be subtracted from the €10 billion held in a segregated account at the ESM and designated to cover the Greek banking sector’s potential resolution and recapitalisation costs, part […]


READ THE ORIGINAL POST AT www.keeptalkinggreece.com