HFSF, BoG plans to reduce Greek banks' bad debts' delayed by Euro-elex, complicated approval process

European Parliament elections along with detailed "Eurocratic" procedures have delayed approval of two crucial framework plans, one designed by the Hellenic Financial Stability Fund (HFSF) and the other hatched by the Bank of Greece (BoG), to deal with the Olympus-sized mountain of "bad debt" held by the country's four systemic banks.
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