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Greek central bank to recapitalize lenders separately
AFP – Greece’s central bank on Sunday said the country’s main four lenders would be recapitalised separately, a move that put on hold a planned merger between two of them. “The Bank of Greece confirms that the recapitalisation process for the four systemic banks (National Bank, Alpha, Eurobank, Piraeus) is…
Incoming Greek finance minister allegedly faints hours before taking oath
Incoming Greek finance minister Vassilis Rapanos was admitted in hospital on Friday, the government said, with unconfirmed reports saying the 65-year-old senior banker had fainted. The chairman of leading Greek lender National Bank, Rapanos was taken to a private hospital in Athens, a government spokesman said, hours before he was…
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