Greek banks have four days to plan €14.4bn capital rise

Greece's four main banks have until Friday (6 November) to say how they plan to raise €14.4 billion to cover the capital shortfall found by the European Central Bank (ECB).

Meanwhile the Greek government will issue Monday a bill on how to proceed with the banks' recapitalisation.

The ECB published on Saturday (31 October) the results of the stress tests it conducted on the Piraeus Ba...