The last song of Greece
10/03/2016
Weekly Social Actions Human Bank
09/04/2016
Show all

Danger of a fourth recapitalization The Economist foresees

A report that should trouble government and the banks, from the Economist. The Article does not exclude the possibility of a fourth recapitalization because of the high level of NPLs.

“Apparently, the four largest banks in Greece are in the best condition in recent years” but “under the safety of fresh funds, the cracks remain. The Greek banks continue to lose money, “indicates the report.

As noted, the large losses due to non-performing loans could erode bank funds once again. 40% of total loans and 55% of housing is not repaid in relation to the European average of about 5%.

Referring to the report on the general economic environment, it emphasizes that Greece quarrels with other eurozone states the terms of the rescue program, increasing the likelihood of another crisis. “It is not excluded a fourth recapitalization” says Josu Fabo of Fitch rating agency.

Leave a Reply

Η παρούσα ιστοσελίδα έχει αποκλειστικά και μόνο ενημερωτικό χαρακτήρα και θα εξειδικεύσει τα χαρακτηριστικά της όταν κι εφόσον ο αναφερόμενος φορέας λάβει τη νόμιμα προβλεπόμενη άδεια εκ της αρμοδίας Τράπεζας της Ελλάδος και τονίζεται ότι έως τότε ουδεμία χρηματοπιστωτική πράξη δύναται να συμβεί παρά μόνο όταν κι εφόσον ο φορέας αποκτήσει τη νομική του προσωπικότητα και προβεί σε όλες τις δημόσιες διατυπώσεις. | This website is purely informative and will specify its characteristics when and as long as the reporting entity receives the legally authorized license from the competent Bank of Greece and it is emphasized that until then no financial transaction can occur until the financial institution Acquire its legal personality and carry out all public formalities.