![Greek Banks' Decade-long Wait: ECB Approval for First Payouts](https://static.myboardtoday.com/app/fdcb87e3-3d43-4526-9db4-23dcf1b9f7ce/ae548754-9c62-4ea8-a801-818934098287_-_c816808e-ef9b-4f53-9836-92f6ed874d48-cover.webp)
After enduring a grueling post-crisis restructuring, the European Central Bank has granted Greek banks the permission to distribute their first shareholder payouts in over a decade. While the anticipated returns will be less than initially requested, it marks a significant milestone for the country's financial sector. This development signifies a pivotal moment in the arduous journey towards recovery for Greek banks.