Reported about 7 hours ago
European governments are increasingly selling off their banking sector stakes, marking the end of an era defined by bailouts during the financial crisis over a decade ago. Greece has notably led this trend, earning €3.5 billion through recent sales while countries like Italy, Spain, and the UK also offload shares to address budget gaps created by soaring valuations. This shift could spur banking consolidation and allow banks to aggressively pursue growth strategies, signaling a significant change in the European banking landscape.
Source: YAHOO