How the world sees Greece
Four major Greek banks have been told by the European Central Bank to rapidly raise their safeguard capital by the end of the year. Up to 14.4 billion euros in shortfalls have been identified during ECB stress tests.
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LESBOS, Greece (AP) — The latest as hundreds of thousands of people seeking safety flood into Europe in search of a new life. All times local. 12:55 p.m. Croatian police say a 63-year-old woman from Afghanistan has died of natural causes in a refugee camp in the first case of a migrant death there since a river of asylum-seekers started entering the country in mid-September. Spokesman Domagoj Dzigumovic says the woman died Saturday morning upon arrival at the camp in Opatovac, near the border with Serbia. He did not give her name but said she will be buried at the nearest Muslim cemetery. The woman's grandson, Zobaid Fagiri, says "my grandmom has died. The way is hard and cold." The 18-year-old says he will wait for the rest of the family before proceeding on to Germany. Nearly 300,000 asylum-seekers have entered Croatia on their way toward Western Europe. Join the conversation about this story »
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| READ THE ORIGINAL POST AT www.businessinsider.com |
World European Central Bank review shows hole in Greek banks' finances smaller than first feared
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FRANKFURT: The European Central Bank on Saturday said four major GREEK banks would have a capital shortfall of up to 14.4 billion euros ($15.8 ...
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| READ THE ORIGINAL POST AT economictimes.indiatimes.com |
Saturday's assessment by the European Central Bank indicates there should be more than enough funds available to restore the GREEK banks to ...
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| READ THE ORIGINAL POST AT www.nytimes.com |
The EU’s economics chief Pierre Moscovici will travel to Greece on Tuesday and Wednesday where he will meet with Prime Minister Alexis Tsipras and ...
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| READ THE ORIGINAL POST AT blogs.wsj.com |
The European Central Bank announced today the results of stress tests for the four Greek systemic banks National Bank of Greece, Piraeus Bank, Alpha Bank and Eurobank. The ECB has found that the total capital shortfall of the four systemic banks is 14.4 billion euro which is much lower than […]
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| READ THE ORIGINAL POST AT www.keeptalkinggreece.com |