<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p>Greece’s battered banks need €14.4bn (£10.2 billion) in fresh money to get back on their feet and resume normal business, the European Central Bank said.</p>
<p>The figure is the result of an ECB review of Greece’s four main banks, which must now submit plans to raise the money to boost their capital buffers against losses.</p>
<p>That could come from investors, sacrifices by lenders or from the €86bn (£61 billion) bailout from other eurozone governments.</p>
<p>The hole the ECB found is smaller than originally feared. The bailout provided for up to €25bn (£17.8 billion) to fix the banks.</p>
<p>Greece is racing to bail out the banks before the end of the year, when new European rules take effect.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68ed729b71ff7">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68ed729b71ff7',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.