RECAPITALIZATION OF BATTERED GREEK BANKS ENTERING CRITICAL PHASE, NEW LEVY ECONOMICS INSTITUTE REPORT SAYS
EU Supervisors and Creditors Must Avoid Past Recapitalization Mistakes ANNANDALE-ON-HUDSON, N.Y.— The battered Greek banks will soon face yet another round of recapitalization this November and December. For the banks to have any prospect of returning to their precrisis role as liquidity providers to the Greek economy, it is imperative that the country’s EU …