European Central Bank approves Greek banks' first shareholder payouts in over a decade.
European Central Bank approves Greek banks' first shareholder payouts in over a decade, as the country emerges from a post-crisis restructuring. Greek banks last paid a dividend in 2008 before the global financial crisis and have since been recapitalized under bailout programs. The ECB's decision is based on improvements in banks' financial health, reducing unperforming loans, and Greece's return to a more normal economic situation.
March 28, 2024
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