Greek government requests extension of 'Hercules' Scheme for reducing NPLs

The Greek banking system is “turning a page” and can view the post-pandemic period with optimism after the Greek government’s official request for an extension of the “Hercules” Scheme that will permit them to drastically reduce non-performing loans in the coming months, according to a finance ministry press statement on Monday, ANA reports.
Deputy Minister of Finance responsible for the financial system, George Zavvos, submitted the request to the European Commission Directorate-General for Competition on Friday, March 12, the press release noted.

RELATED TOPICS: GreeceGreek tourism newsTourism in GreeceGreek islandsHotels in GreeceTravel to GreeceGreek destinationsGreek travel marketGreek tourism statisticsGreek tourism report

Photo Source: Wikimedia Commons License: CC-BY-SA Copyright: Dimboukas

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