Total Greek banks’ exposure to Greek sovereigns: 3%

Greek banks

“Not counting loans, but securities, government bonds, it is just about 3 percent of their total assets,” Constancio said of Greek bank’s exposure to Greek debt, as a result of  a restructuring of Greek privately-held debt in 2012 which was called Private Sector Involvement, or PSI.


A much lower number than Italy (around 10 percent), Spain (9%) and Portugal (7%).



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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.

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