- Causes of Greek economy’s problems not due to banking system
- Greek lenders should maintain capital cushions above minimum required
- Bank group’s capital adequacy ratio at end-September rose to 11.7% vs 9.4% in December 08
EUR/USD sits at 1.4255 compared to 1.4250 when I sat down 6 1/2 hours ago. Basically trading in the pairing has ground to a halt.
