![The cost of the greek banks recapitalization](http://boilingfrogs.stanislasjourdan.fr/files/2012/12/greek-banks-recapitalizing-150x150.png)
So the greek central bank just announced the cost of the greek bank recapitalization : 27.5bn euros just for the 4 biggest banks, 40 bn overall. That could even top at 50bn, the Bank of Greece admits. This represents about 20% of Greece’s GDP. What a scam, isn’t it? Well, this is actually awesome: just by doing […]