Clean bill of health for Greek banks from stress tests

Greek banks received what amounts to a virtually clean bill of health from the European Central Bank, as the results of the stress tests Frankfurt performed on the four systemic lenders of this country showed on Sunday that Alpha and Piraeus have completed the exercise successfully through their dynamic picture, and only Eurobank and National need to cover the negligible amount of 291 million e

Credit sector officials sleeping easy ahead of stress test results

By Yiannis Papadoyiannis

Analysts, investment banks and institutional investors appear optimistic regarding the results of the European Central Bank stress tests on local lenders, which has been mirrored in the performance of bank stocks so far this week. The message is that they expect the capital requirements to be announced this Sunday to be small and manageable.

Tipsarevic recovers well after new surgery

BELGRADE - Serbian tennis player Janko Tipsarevic is recovering well after surgery to a benign tumor in his left foot.

The heel injury has kept the former World No. 8 away from tennis for 11 months. As the various treatments he had received did not have the desired effect, he finally resorted to surgery in June. After the recovery, however, the injury came back.