• Less than €20 million will be needed for recapitalisation of four main Greek banks

Market news

21 October 2015

Less than €20 million will be needed for recapitalisation of four main Greek banks

Reuters reported on Tuesday two senior bankers with knowledge of the matter said that less than €20 million will be needed for recapitalisation of four main Greek banks.

"The capital shortfall for the four systemic banks should be less than 20 billion euros," one senior banker said.

The European Central Bank declined to comment.

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