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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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European banks need to raise $147 billion: EBA

FRANKFURT (MarketWatch)
Europe's biggest banks need to raise 106 billion euros ($147 billion) by June to comply with capital requirements agreed by European leaders in a Brussels summit meeting on Wednesday, the European Banking Authority said.
Greek banks need to raise 30 billion euros, the EBA said.
The increased capital requirements are one element of a multi-part plan European leaders are attempting to put together in an effort to address the euro zone's debt crisis.

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