First, in early 2014, the Bank of Greece released the findings of its stress test of Greek banks. This, together with the downward trend of Greek government bond yields at the time, gave banks easier access to capital market funding. Towards the end of the year, the ECB completed its Comprehensive Assessment, which reconfirmed the capital adequacy of Greek systemic banks.
It is therefore very significant. If there is one single area that can have a large impact on getting the cost of capital in BiH down it is improving the legal and court system. The introduction of specialist commercial courts is aimed at improving this situation.