Greece's 4 biggest banks need $36.3B of additional capital

12/28/2012 | Bloomberg

The Bank of Greece said the nation's four biggest banks will need the biggest sovereign restructuring in history, valued at $36.3 billion. The 50 billion euros set aside for Greek banks in the nation's financial rescue is sufficient to "cover the recapitalization and restructuring costs of the Greek banking sector,” the central bank said in a report.

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