The Impact on the Greek Banking System from the Subordination of Greece in the EU/ECB/IMF Support
The Impact on the Greek Banking System from the Subordination of Greece in the EU/ECB/IMF Support
Economy & Markets
01 May 2010
The consequences of resorting to the EU/ECB/IMF support mechanism compared to a default scenario. The lines of defense of the Greek banking system. IMF’s interventions in Europe: it never proposes measures harmful to depositors. On the contrary, it always sets financial system’s stability as a high priority.
