• How Greece Is Scrambling to Save Its Banks - Again: QuickTake

    19 days ago - By Washington Post

    Greece is scrambling to figure out how to save its banks - again. Burdened by bad loans that make up almost half of total lending, crippled banks remain one of the biggest hurdles to Greece's economic recovery. There are even worries that the country may face yet another financial crisis if it can't dislodge its lenders from their downward spiral. With bank shares tumbling, the government and the Bank of Greece are working on plans to help banks speed up efforts to shed soured loans.
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