Greek banks which got 50 billion euros ($53.49 billion) in state bailouts during an economic austerity crisis and now raking in big profits after selling off bad loans are charging too much in fees, Finance Minister Kostis Hatzidakis.
Talking to the annual general assembly of the Hellenic Banks Association he warned the state will step in to deal with the excessive costs if the banks don’t, complaining that clients are being charged too much.
Source: The National Herald
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