Early next month the European Central Bank will provide Greek banks with the technical parameters of the baseline and adverse scenarios of the stress tests scheduled to take place in the first few months of 2018.
How close those parameters are to the conservative end of the scale will likely determine the conditions of the stress tests and consequently whether Greek lenders will be forced to find fresh capital after the process.
Senior bank officials argue that their contacts with the ECB and the Bank of Greece point to the use of a single methodology for the stress tests of all eurozone banks.
Read more here.
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
Photo Source: Wikimedia Commons Copyright: DaveOinSF~commonswiki License: CC-BY-SA
Source: ekathimerini.com
