Slovenia's biggest bank backs 1-billion-euro recap
Post# of 28526
Posted On: 04/12/2013 10:49:16 AM
Slovenia's biggest bank backs 1-billion-euro recapitalization figure By Marja Novak and Michael Winfrey LJUBLJANA (Reuters) - The head of Slovenia's largest bank backed a government estimate of around 1 billion euros to recapitalize the country's three main lenders after the figure was questioned by the Organisation for Economic Cooperation and Development earlier this week. Slovenia, racing to avert a bailout, said on Friday it would have a plan ready to put to parliament in two weeks to sell off state assets, probably including a bank. ...
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