State braces for losses as bank divestment plan is put into action

EconomyBanking Tags: Banking, HFSF
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The Hellenic Financial Stability Fund (HFSF) formally launched last week the process of divesting its small participation in the share capital of Eurobank.

This set in motion HFSF's plan to dispose of its holdings in the four systemic banks, bringing to a close a long period of state involvement in the running of banks, following a series of recapitalisations whose scale led to the Greek state’s largest ev...

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