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BoG sees 7.5 pct recession, EU funds boosting GDP by 1.9 pct annually
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Greece draws strong interest, attractive yield by re-opening 10-year bond
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Fitch keeps rating at 'BB', sees GDP contraction of 7.9 pct in 2020
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OECD releases new outlook calling for sustained reforms post Covid-19
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BoG highlights how Covid-19 compounds legacy issues and structural challenges
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Greece issues new 10 yr bond as investor appetite returns
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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