Greek Bank Plan May Be Completed After Elections, Imerisia Says

Greece’s bank recapitalization plan may be completed after elections are held on May 6, Imerisia reported, without saying how it got the information.

The country’s bank recapitalization body has received most of a 25 billion-euro ($33 billion) first tranche of funds earmarked for the plan from the European Financial Stability Facility, according to the Athens-based newspaper.

To contact the reporter on this story: Marcus Bensasson in Athens at mbensasson@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net

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