Banks in advanced economies should ` ` ' gradually '' from the middle of this year through to 2014 . Greece , the first country to receive a bailout more than 20 years ago , is now in its sixth year of recession . ` As euro area policy has often been behind the curve , perceptions of strong disagreement among members states could have negative consequences on confidence and exacerbate fragmentation , '' he wrote . The OECD uses the crisis to call for faster movement toward a full - fledged eurozone banking union .
Banks in advanced economies should ` ` ' gradually '' from the middle of this year through to 2014 . Greece , the first country to receive a bailout more than 20 years ago , is now in its sixth year of recession . The OECD uses the crisis to call for faster movement toward a full - fledged eurozone banking union .