SSM seeks provisions of 400 miln for loans guaranteed by Greek state

Greek banks have made huge progress in reducing bad debt and despite still having a higher – albeit single-digit –…

  The SSM has recently put the domestic credit system on high alert, seeing that banks’ business plans for new…

The Commission estimates that such measures will ceteris paribus enhance EU banks’ collective lending capacity by no less than EUR450bn, on top of EUR500bn from already announced regulatory measures.