And how can we make Europe more resistant to these types of shocks, not just in view of this crisis, but with an eye to the future? 2  Fout! Onbekende naam voor documenteigenschap. Ladies and gentlemen, I will highlight why there is a tendency in Europe towards economic divergence between north and south.
At this stage it is difficult to determine the overall impact of Basel II on the total capital requirements of the Greek banking sector. The impact will depend not only on the alternative approaches adopted by the banks, but also on the composition and quality of their assets, both of which are affected by economic conditions.