ECONOMY

Sale of Greek public hospital debt to Italian firm announced

Sale of Greek public hospital debt to Italian firm announced

Banca Farmafactoring SpA announced on Wednesday that it has completed the acquisition of a portfolio of debt owed by public hospitals in Greece.

The Italian lender has acquired a portfolio of 10 million euros of debt owed by about 100 hospitals and healthcare providers across Greece in a deal that represents the first such transaction in this country. [Reuters]

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