Moody’s Credit rating agency estimates that Greek bank depositors are exposed on its assessment of the new recapitalization law passed in the Greek parliament last week. Despite assurances from Greek officials, the ratings agency believes that the clause included in the law regarding bail-ins for all uninsured depositors with over 100 thousand euros savings, which will take effect as of January 1, 2016 leave them exposed to a hair-cut. According to its report, if the amount needed for a bank recapitalization exceeds 25 bln euros a deposti hair-cut then this prospect becomes more possible with the directive included in the law.