ECB identifies €14.4bn capital shortfall at Greek banks
European Central Bank
Frankfurt - Arab Today
The European Central Bank on Saturday said four major Greek banks would have a capital shortfall of up to 14.4 billion euros ($15.8 billion) if the economy took a turn for the worse.
And the ECB said it had given the four banks concerned -- Alpha Bank, Eurobank, NBG and Piraeus Bank -- until November 6 to submit plans explaining how they intend to make up that shortfall.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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