• What's Wrong With Greek Banks and How It Can Be Fixed

    15 days ago - By Washington Post

    Burdened by the highest ratio of bad loans in Europe, Greek banks have no shortage of challenges. And that was before Greece - the continent's most indebted state - decided to end its bailout program in August without requesting a follow-up lifeline backed by European creditors. If doubts about the state of their balance sheets aren't addressed, concerns about the fate of Greek banks could spiral out of control. That became clear this week when banking shares plunged, though news that the gove
    Read more ...