ECB stress tests show that 14.4 bln euros are needed for Greek banks!

The results are out

The Frankfurt-based European Central Bank announced the results of the Greek bank stress tests. The capital needs of the country’s four main banks were calculated to be at 14.4 bln euros:

– Eurobank 2.12 bln euros

– Alpha Bank 2.74 bln euros

– National Bank of Greece 4.6 bln euros

– Bank of Piraeus 4.93 bln euros