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In order to save the banking system of Greece will need up to € 14 billion

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In order to save the banking system of Greece will need up to € 14 billion

Post by Admin on Fri Jul 10, 2015 5:10 pm

To save the Greek banking system will require from € 10-14 billion, according to Reuters, citing a representative of the banking market.

The banking system is suffering from a liquidity crisis. The authorities imposed severe restrictions on cash withdrawals and on the movement of capital. Daily cash withdrawal limit is € 60 per person.

"For the normalization of the situation will require from € 10 billion to € 14 billion. Given the magnitude of the shock that we experienced during the negotiations with the creditors," - he said.

To support the banking system of the country's authorities and the banks plan to attract private investment, but in the case of lack of funds planned to appeal to the European Stability Mechanism (ESM) for assistance through the tool point recapitalization (DRI).

Earlier it was reported that the rate of withdrawal from Greece reached € 100 million a day.

glavcom.ua: In Russian


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