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1 Mar 2018
ECB's Nouy: Greek capital controls will be gradually eased and eventually lifted
Here are some of the key headlines coming out of Danièle Nouy's, the Chair of the Supervisory Board at the European Central Bank, scheduled speech on Thursday.
• Greek capital controls will be gradually eased and eventually lifted
• Greek banks still a bit weak
• It will take time and determination to make a full recovery
• Capital shortfalls in the baseline scenario need to be covered in any case
• With regards to shortfalls in the adverse scenario, we will decide on a case-by-case basis
• NPLs remain biggest problem