A high ranking official of the Bank of Greece (BoG) told Bloomberg that nearly 1 billion Euros returned to the Greek banking system after the bank holiday was lifted on July 20. Bloomberg reports that according to the same top BoG official the stress tests for the Greek banks will be completed by the end of October, while he says that no bail-ins will be imposed on depositors. Furthermore, private shareholders of the Greek banks have expressed their interest in participating in the recapitalization of the banks without any specifics on the amount of their participation known yet. The news agency estimates the capital controls will be fully lifted by the end of the 2015 when the recapitalization process has finished.
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