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Some key tasks pending as Greece edges closer to completing post-programme process
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PBO highlights exceptional factors supporting recovery, cautions against complacency
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Govt grabs opportunity offered by escape clause to entice voters with support package
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Recovery in car sales slows to 2.7 pct in August
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Rise of property prices continues with 4.6 pct increase in Q2
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Strong response to dual bond transaction takes 2021 debt issuance to 14 bln
How Greek banks' capital needs could be reduced by 2.3 bln
Citing Ministry of Finance (MoF) sources, local media are reporting that the government is preparing a draft bill which will provide the legal framework for the conversion of Greek banks’ Deferred Tax Asset (DTA) into tax credit.
According to the proposed amendment, Greek banks will have a capital benefit of around 2.3 billion euros, which would reduce accordingly their potential additional capital needs. Those requirements are to be identified by the upcoming EU-wide stress tes...
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