Question
1. However, just how much they actually required would not be known until the European Central Bank (ECB conducts a probe into their books together with a stress test examining how they would be affected if the economy turned even sourer than expected in 2015-17.
2. Greek banks had been undermined for over half a year as deposits drained out of them, on worries about a possible exit from the euro once Syriza, a radical left party, won the election held in January 2015.
3. Even so, the notion that they would need as much as €25 billion to offset the damage and put them on a sound footing appeared unduly pessimistic.
4. They had been further hurt by the harm done to the economy and thus to their loans arising from Syriza's ill-judged attempt to outbluff its official creditors.
5. When the third Greek bail-out was outlined in principle after an extraordinarily fraught summit of euro-zone leaders, between €10 billion and €25 billion out of the total sum of up to €86 billion of help was set aside for bank recapitalisation.
___
2. Greek banks had been undermined for over half a year as deposits drained out of them, on worries about a possible exit from the euro once Syriza, a radical left party, won the election held in January 2015.
3. Even so, the notion that they would need as much as €25 billion to offset the damage and put them on a sound footing appeared unduly pessimistic.
4. They had been further hurt by the harm done to the economy and thus to their loans arising from Syriza's ill-judged attempt to outbluff its official creditors.
5. When the third Greek bail-out was outlined in principle after an extraordinarily fraught summit of euro-zone leaders, between €10 billion and €25 billion out of the total sum of up to €86 billion of help was set aside for bank recapitalisation.
___
Answer:
:
Sentences 1, 3 and 4 cannot start the paragraph as they contain references to prior statements. 2-4-3 form a sequence that conveys the notion that even though the Greek banks have suffered setbacks, they are not in a hopeless situation. Statement 1 follows 3 as it provides an answer to the question posed by statement 3 regarding the level of bailout required for Greek banks. It's now clear that statement 5 must be there in the beginning rather than at the end.
So the correct sequence is : 52431.
Was this answer helpful ?
:
Sentences 1, 3 and 4 cannot start the paragraph as they contain references to prior statements. 2-4-3 form a sequence that conveys the notion that even though the Greek banks have suffered setbacks, they are not in a hopeless situation. Statement 1 follows 3 as it provides an answer to the question posed by statement 3 regarding the level of bailout required for Greek banks. It's now clear that statement 5 must be there in the beginning rather than at the end.
So the correct sequence is : 52431.
Was this answer helpful ?
More Questions on This Topic :
Latest Videos
Latest Test Papers
Submit Solution