Tag Archive: dehellenization

Bank recapitalizations in Greece: From state-led bailouts to the ownership transfer of banks to foreign hands

A decade after the conclusion of the first economic adjustment programme in 2010 and despite three consecutive recapitalizations, Greek banks still suffer from the highest Non-Performing Loans ratio in the Eurozone, with credit expansion in the “real economy” remaining anemic. Furthermore, the overall impact on public debt from government financial support to Greek banks over […]

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