Greece's Eurobank Needs $7.7 Billion Capital Boost

Greece's EFG Eurobank Ergasias SA, EUROB.AT -7.68% the country's second-largest lender by assets, Thursday said it would need a capital boost of €5.8 billion ($7.7 billion) after taking massive losses from the country's debt- restructuring effort earlier this year and as it continues to lose money amid the country's lingering recession.


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WSJ