ECB Supervisor Nouy Says Greek Banks Strong Enough to Survive

Daniele Nouy, head of the European Central Bank’s Supervisory Board, said Greek lenders are capable of surviving the current market turbulence.

“The Greek banks are facing a difficult situation right now because of the recent elections, but they are pretty strong,” she said on Jan. 28 in an interview with Bloomberg Television. “A lot of good work has been done to strengthen their balance sheets during the last years. They will go through this crisis like they went through the previous ones.”