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GreekReporter.comGreeceBank of Greece to Release Stress Tests Results by End of Week‏

Bank of Greece to Release Stress Tests Results by End of Week‏

Provopoulos_TroikaBank of Greece governor George Provopoulos and the troika completed a second round of talks over the additional capital needs of Greek banks on Tuesday, without reaching an agreement.
The two sides were not scheduled to meet again as the Greek central banker leaves on Wednesday for Frankfurt, ahead of a European Central Bank’s board meeting on Thursday.
Government sources told ANA-MPA that the two sides insisted on different estimates over the capital needs of the country’s four systemic banks, with the Bank of Greece estimating these needs at around 6.0 billion euros, and the IMF insisting on higher estimates.
The Bank of Greece will proceed unilaterally by releasing the results of the stress test report conducted by BlackRock by the end of the week.
(source: ana-mpa)

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