The government already has asked the EU for as much as €100 billion ($128.58 billion) in help to shore up its banks. But after an independent audit by U.S. consultancy Oliver Wyman showed the banks need just under €54 billion in fresh capital, the government said on Friday it may need only about €40 billion of the EU funds because a new state-owned “bad bank” will reduce capital needs and some of the banks will be able to raise funds on their own.

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