The ministerial meeting on Friday will bring an interim decision on the recapitalization of banks. It will give 18 billion euros in the four major banks (National Bank, Piraeus Bank, Alpha, Eurobank), with the decision on the amount that the shareholders will have to pay being transferred for September, after the final report of Black Rock. According to protothema.gr this move was deemed necessary in order to strengthen the banks, which announced historical losses, and to give a message of stability to the public in view of the elections. An additional amount of 7 billion euros is on hold for the TT Hellenic Postbank and the Agricultural Bank but will be disbursed after the elections.
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