There will be no bail-in of Greek bank deposits

Author: Mike Paterson | Category: News

So says the interim fin min Chouliarakis on Bloomberg

  • sees completion on Greek bank AQR, stress tests by mid-October
  • aim is to recap banks in line with real recap needs
  • impact of capital controls milder than expected
  • Greek economy will grow next year

Hurrah! Ouzo and plate smashing all round

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