Greek Banks Sound Alarm Bells, Warn of Return to Uncertainty

After meeting with the heads of Greece’s creditor institutions, representatives of the Greek Banks Association sounded the alarm bells, warning that the Greek economy is at risk of returning to uncertainty. The meeting focused on the management of “red” loans and electronic auctions.

During a discussion with reporters, a senior banking agent said that the evaluation must come to an end as the first two months of this year have returned to uncertainty, whereas things had stabilized in the fourth quarter of 2016.