The re-privatization of financial institutions was finished with the sale of a 10 percent stake in the National Bank of Greece (NBG) that raised 690 million euros ($762.09 million) that drew keen investor interest.
Proceeds go toward reducing Greece’ staggering debt that soared with three international bailouts of 326 billion euros ($359.95 billion) from 2010-18 to keep the economy and banks from going under.
Source: The National Herald
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