FRANKFURT: Four major Greek banks must find up to 14.4 billion euros (US$15.8bil) to survive potential economic shocks, the European Central Bank said on Saturday, releasing the results of an in-depth financial health check.
Weakened after years of recession, Greece’s banks took a further battering this year when the government pushed the country to the brink of a euro exit in a standoff with Berlin and Brussels over the terms of Greece’s international bailout.
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