What is the name of Greece's systemic risk assessment tool, introduced under the third bailout, requiring banks to set aside capital buffers for non-performing loans?
AHercules plan✓
BAtlas framework
CTitan programme
DOlympus protocol
The Hercules Asset Protection Scheme (HAPS), launched in 2019, was the Greek state-guaranteed plan to help banks securitize and offload non-performing loans, reducing NPE ratios from over 45% to single digits.