Greece to Subsidize Mortgage Payments to Tackle Bad Loan Crisis
A protestor waves a Greek flag during a pro-European Union (EU) rally at Syntagma Square in Athens, Greece. (Photographer: Simon Dawson/Bloomberg)

Greece to Subsidize Mortgage Payments to Tackle Bad Loan Crisis

(Bloomberg) -- Greece plans to pump as much as 1 billion euros ($1.1 billion) into its banks over the next five years by subsidizing a part of households’ mortgage repayments.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.