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Tag Archives: stress tests

IMF and ECB reach compromise on Greek banks, traders in ASE smile

The International Monetary Fund and the European Central Bank reached a compromise on the Greek banks: the ECB will accelerate stress tests, the IMF will give up its demand for full asset quality review (AQR). The International Monetary Fund said on Thursday that it sees no financial stability concerns in …

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Greece’s banks stress tests: ECB finds total capital shortfall is €14.4 billion

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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Confusion whether Greek banks passed Stress Tests; Athens Stock Exchange -3.29%

Hardly had the European Central Bank released Sunday the official results of the stress tests, Greek mainstream media started to hail “Greek banks passed the tests” and “No need for recapitalization”. It took just a couple of minutes for a war of words to break out on the internet with …

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BoG on recapitalization: Greek banks will need capital up to 6.4 bln euros

Greek banks will need additional capital of 6.382 billion euro, Bank of Greece said on Thursday.  specifically, Eurobank will need €2.845 billion, National Bank of Greece €2.183 billion, Piraeus Bank €425 million, Alpha Bank €262 million, Attica Bank €397 million and €Panellinia Bank 169 million. “The additional capital requirements of …

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