Tzanakopoulos reaffirms there is no banks recapitalisation scenario

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Tzanakopoulos reaffirms there is no banks recapitalisation scenario
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"These leaks did not start from any statements by (government vice-president Yiannis) Dragasakis," he said and added: "These are a figment of some journalists' imaginations, who believe they are free to try and destabilise the banking system."

Tzanakopoulos reaffirmed that "there is no recapitalisation scenario," and explained that Dragasakis had stressed that dealing with bad loans is not just about restoring the health of the banking sector but also a social target.

The government and the competent ministers are in talks with the institutions on the 120 installments for paying off debts to social security funds and the state and, once the talks are concluded, the government will make the corresponding announcements, he added.

Source: ana-mpa

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