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ECB's Coeure says Greek banks must be fixed this year - newspaper

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Reuters FRANKFURT
Last Updated : Nov 05 2015 | 2:07 AM IST

FRANKFURT (Reuters) - The recapitalisation of Greek banks should be completed this year, a top European Central Bank official said on Wednesday.

"The health check by the ECB of the large Greek banks is another step forward, and bank recapitalisation should be completed by the end of the year," Benoit Coeure, a member of the ECB's Executive Board, told newspaper El Financiero.

"The situation in the euro area is considerably more robust than it was a couple of years ago," he said.

(Reporting By John O'Donnell; editing by John Stonestreet)

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First Published: Nov 05 2015 | 1:49 AM IST

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