Asset Quality Review (AQR)
Greece
IMF's Thomsen: No Stability Concerns Over Greek Banks
Poul Thomsen, Director of the European Department of the IMF, said there are "no concerns" about the stability of Greek banks and an asset quality review (AQR ) is not necessary, in an apparent shift on IMF’s previous statements.
Earlier,...
Economy
Regling: ECB Review Will Clarify Greece's Funding Needs
The European banking sector review expected this coming Sunday, October 26, will clarify Greece's funding needs, said European Stability Mechanism (ESM) head Klaus Regling earlier today.
Regling also stressed that the Eurozone should keep the funds it is allocating for crisis...