Bank

By Vassilis Ziras and Yiannis Papadoyiannis

Brussels has issued strict guidelines to Athens regarding the coverage of Eurobank’s capital needs, given that the country’s other systemic banks will cover their requirements from the private sector.

 Credit sector requirements will depend on economic growth, the course of bad loans and their management

By Dimitris Kontogiannis

The EU has completed the agreement on a banking union, its strongest instrument so far to tackle the financial crisis.

After marathon talks, the sealed document will ensure that Eurozone governments are not the only ones in charge of big national banks, the Financial Times has reported.

Piraeus Bank's comeback to the public bond market – the first from a Greek bank in over four years – has fueled hopes that its lenders are on the road to recovery, but capital demands are looming as the next big challenge.