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Greece Intervenes in Banking Sector to Address Low Rates, High Fees, and Slow Mortgages
The Greek government is intervening in its banking sector to address low deposit rates (1.84% vs. Eurozone average of 2.76%), high bank fees, and slow mortgage lending, aiming to pressure banks into fulfilling their social responsibilities, as stated by Prime Minister Kyriakos Mitsotakis.
Greece Intervenes in Banking Sector to Address Low Rates, High Fees, and Slow Mortgages
The Greek government is intervening in its banking sector to address low deposit rates (1.84% vs. Eurozone average of 2.76%), high bank fees, and slow mortgage lending, aiming to pressure banks into fulfilling their social responsibilities, as stated by Prime Minister Kyriakos Mitsotakis.
Progress
32% Bias Score
Reduced Inequality
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