- Bail out fund HFSF has a buffer of over €8bn to meet any further capital shortfalls
- Accumulation of Greek banks non-performing loans gives rise for concern
- Greek structural reforms have been timid so far and must be sped up to support recovery
- Net deposit inflows remain low
- Will announce stress tests results next week
- Credit expansion capacity remains limited
- 2013 was a turning point for country
- Fiscal adjustment must continue
- Reliance on ECB funding remains high
Bank of Greece governor George Provopoulos on Reuter. €8bn should be enough shouldn’t it?
