The
overall banking sector index was down 23.6 percent, adding to
near 30 percent falls on Monday and Tuesday.
Greek banks are in dire need of recapitalization after a flight
of euros from deposits for most of this year and mounting loan
impairments. But such recapitalization, when it comes, will hurt
existing shareholders.
(Reporting by Jeremy Gaunt Editing by George Georgiopoulos)
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