The country’s main banks are considering requesting additional funds for their recapitalization.
Senior bank officials say that the rapid deterioration in financial conditions caused by the back-to-back elections in mid-2012 has led to a greater increase in nonperforming loans than originally foreseen in the BlackRock report a year ago. They add that banks should proceed to greater share capital increases in order to respond to the new reality.
Full article: http://www.ekathimerini.com/4dcgi/_w_articles_wsite2_1_07/01/2013_477234
08 Jan 2013 - 02:12 - - Source: Newswires
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