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Greece Implements Significant Bank Fee Reductions to Alleviate Financial Burden

Starting mid-January, Greek consumers will benefit from substantial reductions in bank transaction fees, with a total saving of €150 million expected. Key measures introduced by Prime Minister Kyriakos Mitsotakis include zero fees for digital bill payments and cash withdrawals from ATMs of other banks. The government aims to enhance electronic payments and alleviate the high costs historically imposed by banks. Additionally, reforms target housing issues and support for struggling borrowers, signaling a focused effort to address economic challenges faced by citizens.

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