Provopoulos is trying to survive ….We are not baboons…

An “unduly conservative” approach in stress tests on Greece’s major banks would have scared off investors, the head of Greece’s central bank said on Saturday, adding that he believed the results would be close to EU-wide tests due later this year.
The EU and IMF, which had estimated that the banks’ needs would be higher, said in a statement that there were “upside risks” to the Greek estimates and urged the banks to address the high level of non-performing loans.

But in an interview to be published in Sunday’s Kathimerini newspaper, George Provopoulos was quoted as saying: “If were unduly conservative and imposed an overcapitalisation of the banks, we would run two serious risks.
“First, we would shake the trust of depositors, who would say, rightly, that for the banks to need a new big capital boost, they must be weak.
“The second danger would be that private investors who placed money in the capital increases of banks as part of last summer’s recapitalisation would lose any confidence in the country and its banking system.”
In a question if he promptly notify the leadership of the country for the upcoming tsunami..he replied  “When I became governor, since the first report signed in late 2008, I warned about the risk of twin deficits. I conveyed my concerns to the Karamanlis government.

P.S
Provopoulos the “Giant”…. The man who has subscribed and played a critical role  in heist of Greek people by bankers, has unleashed today a communicative crescendo..trying to rescue .
What drive us crazy and transcends the limits, is the advertisement of “heroic attitude Provopoulos” against … Troika!
MERCY!…..We are not baboons…
Take a look to remeber who exactly brought the troika in Greece…..

Do not think that we are goldfish. 

http://www.hellasforce.com/en/provopoulos-is-trying-to-survive-we-are-not-baboons/