Bank recapitalizations need to take place by the end of the year

Bank of Greece Governor Y. Stournaras and EC Vice President V. Dombrovskis agreed on the urgency of the matter

The meeting between Bank of Greece (BoG) governor Yannis Stournaras and European Commission Vice President Valdis Dombrovskis took place on Tuesday.

Stournaras and Dombrovskis underlined that the bank recapitalizations need to be completed by the end of the year.