m22au
Registered: Mar 2002
Posts: 3138 |
05-16-12 08:22 AM
Quote from m22au:
The PDF file mentions
"The Total Capital Adequacy Ratio stands at 8.3% following the state guarantee of a capital injection of
€6.9 billion from the Financial Stability Fund in the
context of the recapitalization programme for Greek
banks"
Do you know anything more about the terms of this capital injection?
Still waiting for details of what type of shareholding the Greek govt will receive in exchange for the 6.9 billion EUR bailout:
***
Title: "ECB Cuts Back Liquidity Support For Greek Banks -Report"
http://www.nasdaq.com/article/ecb-c...-20120516-00051
"The ECB is cutting back support because Greece has been holding off on recapitalizing its banking system, despite receiving EUR25 billion in funds for that purpose, the paper says."
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