FXWire Pro Headline | February 9 2012 1:34 EST
EBA : recapitalization plan won't hurt economic growth
News
- EBA said on Thursday the recapitalization plans of lenders who are inadequately capitalized won't hit economic growth
- EBA said that most of 31 lenders will plug the gap with direct capital measures rather than asset sales.
- EBA also said the temporary sovereign debt buffers some banks have to hold to withstand the govt bond crisis will remain unchanged for the time being.
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