According to a report in the Financial Times today (20 October), the European Banking Authority - which was established last November to supersede the Committee of European Banking Supervisors - believes around â¬80 billion needs to be raised in the near future.
This figure - which is expected to be put together in the next six to nine months - is significantly less than the capital deficit of as much as â¬275 billion estimated by some experts.
However, the news source indicated that this plan will be ratified over the coming days as well as a further wide range of measures to help strengthen the ailing eurozone.
For instance, a policy that will facilitate the European financial stability system to guarantee sovereign debt issuance from governments is thought to be on the cards.
By Tony Aynsley