A distress signal emitting from the Greek banks, as well as, while everything indicates that there is a plan and all is well, lurking…
significant risks, which are not dependent on the movements of the bankers, but from the developments in the Greek economy.
If you do not proceed to the second assessment (which remains in the “ice”) and does not achieve the targets for the reduction of the “red” loans, then the banks are in danger of a fourth recapitalisation.
The concern in banking circles is pervasive, as the Greek economy is at a critical crossroads. Either you seize the opportunity by participating in the program to purchase bonds the ECB will either enter into a new cycle of destructive uncertainty.
A prerequisite for the completion of the βαξιολόγησης is the compromise IMF and Germany, with the stuff to acquire a new twist after the change posture Policy for non-participation of the Fund in the Greek programme, which is backed up Around.
As regards the banks, the big bet that you have to face is the achievement of the objectives for the reduction of NPLs, with a necessary condition for the recovery of the Greek economy.
The banks need to undertake the required actions within the ατÏιμήνου, the institutional framework for the management of non-performing loans, largely depends on the completion of the βαξιολόγησης.
The objective of the bank is to go to settings arrears of eur 15 billion. euro, in order to be feasible and the goal of overall reduction of up to 30 billion. euro at the end of 2018. The first performance audit of banks, with regard to the reduction of NPLs, will be held at the end of March, as it is expected in Athens step of SSM.
Source
SOS from the banks for the risk of 4 recapitalisation – Critical in the first quarter
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