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Moody's says stress tests results positive for Greek banks

05/08/2021 08:34

The results of ECB's stress tests on Greek banks were positive, Moody's said in a report. The credit rating agency said that the adequacy of supervisory capital will allow Greek banks to implement their restructuring plans, which will reduce the remaining stock of non-performing loans, improving profitability. At the same time, the results of the stress test round showed that Greek banks were gradually returning to normality.

Source: The National Herald