'If we really want to rid ourselves of them [NPLs] in the next two years, we need a systemic solution, which is to say a bad bank to which one can transfer NPLs without creating moral hazards,” Greece's Central Banker said.
Even those who are not acquainted with Zolotas’ academic work may be familiar with his famed speeches before the IMF
In an unprecedented attack, Dimitris Tzanakopoulos said the Bank of Greece Governor wants to keep the country 'in shackles', because he had proposed a post-bailout precautionary credit line.