Greek Banks' Decade-long Wait: ECB Approval for First Payouts

By
Nikos Papadopoulos
1 min read

News Content

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.

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