Financial News: FinMin on Greek banking system

Government Vice President & Finance Minister Evangelos Venizelos, replying to a question on the issue of guarantees raised by Finland, reiterated on Monday "we want a solution to be found that will allow Finland to vote and to participate, but the major issue is for Eurozone relations with the markets not to be upset."
He also referred to the reliability and effectiveness of a programme concerning Greece.

In reply to a question on the possibility of one or more banks requesting help from a special liquidity mechanism, Venizelos stressed that the Greek banking system is safeguarded absolutely, both from the point of view of fluidity and capital adequacy.

"The Greek banking system is probably the safest in Europe and for this reason we discussed with the productive agencies as well the issue of the repatriation of deposits that have gone abroad," Venizelos said.

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