The blunders in recapitalisation and what they cost

The mistakes made in the recapitalization of banks and the requirements for loss recognition due to the management of red loans and the PSI are explained by the president of FAO Economics, Mr. Dimitris Tsagaris.

In view of the new round of evaluation by the lenders, it also conveys the market's estimates of what we can expect in terms of debt restructuring and surplus targets.

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