Greek Banks Set for First Payouts Since 2008 on ECB Approval
The European Central Bank will allow Greek banks to make their first shareholder payouts in over a decade as the country emerges from a painful post-crisis restructuring.
The European Central Bank will allow Greek banks to make their first shareholder payouts in over a decade as the country emerges from a painful post-crisis restructuring.
The price of a traditional South African barbecue rose at a slower pace for a second straight month, suggesting that food costs may cool further before the El Niño weather phenomenon scuppers the downward trend.
China’s protracted property downturn is eroding the balance sheets of the nation’s largest state banks as their bad loans creep up.
The dollar is poised for its best quarter since late 2022 as Federal Reserve officials push back against the latest bout of rate-cut wagers.
Sri Lanka is working on a proposal to exchange its existing dollar bonds for new securities and is inviting banks to submit proposals for the transaction.
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