Greek Government Unveils New Banking Initiatives to Strengthen Financial System
During a press conference, Greek Minister of National Economy and Finance Kostis Hatzidakis outlined nine initiatives aimed at strengthening the banking sector and financial system, following recent electoral outcomes. Key measures include fee waivers for basic banking transactions, a cap on money transfer fees, and increased real estate taxes for banks holding properties. These initiatives aim to improve financial stability and support small businesses, with implementation set to begin in January 2024.