Relevant:
- Wall Street High Rollers Crushed Again By Investments In Plunging Greek Bank Stocks
- Greek Bank Losses Show Predicament Amid Record Outflows
- ECB restores bond waiver, lets Greek banks tap credit
- ECB approves 60 bn euros in emergency funds for Greek banks
- The ECB Announces The Real Greek Bailout, And It's The Nuclear Option
2015-07-21 — bbc.com
... it is reasonable to assume that a stress test and asset quality review of Greek banks ordered by the European Central Bank - which as it happens has started today - will confirm in a couple of months that more-or-less all the capital held by Greek banks will be wiped out by future losses.
That would mean the wipe out of an investment of €16bn made by the Greek state and €10bn made by private investors as recently as 2013.
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
