A euro sign sculpture stands illuminated in front of the European Central Bank (ECB) headquarters in Frankfurt, Germany, on Thursday, Oct. 23, 2014. At noon in Frankfurt on Oct. 26, investors will learn which of the currency bloc's 130 biggest banks fell short in the ECB's year-long examination of their asset strength and ability to withstand economic turbulence. Photographer: Martin Leissl/Bloomberg
The 10th consecutive increase in interest rates decided by the ECB last Thursday in order to tame inflationary pressures does…
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The measures will not only enhance Greek banks’ liquidity position by 10 billion euros,and their NII,
but also benefit Greek Government Bonds themselves.
The EU financial system is more resilient now, but the longer the necessary containment measures remain, financial fragility increase. The General Board decided to focus its attention on five
priority areas.
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