Greek Bank Stability Fund Head Thomopoulus: Banks have huge capital, liquidity shortfalls

  • Endgame is to get private investors into banks
  • Greek banks must be able to weather difficulties in 2013
  • Eur 10 bln must be disbursed to banks this month, money to come from bailout tranche
  • HFSF is in regular contact with Troika
  • Greek bank recapitalization must be completed by the end of April

Bloomberg reporting

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