• Bail out fund HFSF has a buffer of over €8bn to meet any further capital shortfalls
  • Accumulation of Greek banks non-performing loans gives rise for concern
  • Greek structural reforms have been timid so far and must be sped up to support recovery
  • Net deposit inflows remain low
  • Will announce stress tests results next week
  • Credit expansion capacity remains limited
  • 2013 was a turning point for country
  • Fiscal adjustment must continue
  • Reliance on ECB funding remains high

Bank of Greece governor George Provopoulos on Reuter. €8bn should be enough shouldn’t it?

;-)