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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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E.U. plans bank stress tests for Greek default: FT

SAN FRANCISCO (MarketWatch)
European bank regulators will conduct a new round of stress tests on the region's banks, the Financial Times reported Wednesday in its online edition, citing senior officials involved.
The European Banking Authority is planning to provide a country-by-country breakdown of how much capital banks would need should Greece default on its debt, according to FT.
A recapitalization of the region's banks reportedly could cost as much as 200 billion euros.

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