Regulators start Greek bank tests, aim for speedy capital boost

ATHENS (Reuters) - Greece's battered banks will undergo accelerated tests to uncover their capital shortfalls as authorities race to recapitalise the lenders by the end of the year and avoid penalising large depositors.

This scrutiny by European and Greek regulators will be completed after the summer, a banking source told Reuters, with the aim of plugging the capital holes before legislation comes into force in January that can require bigger depositors to contribute to the cost of rescuing a failing bank.