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Moody's leaves Greece's rating unchanged, one notch from investment grade -
Investment grade boost visible in strong demand for Greek assets -
Labour database shows 8 in 10 workers earn less than 1,200 per month -
Investment grade rewards evident in first bond issuance of 2024, attracting record demand -
PDMA taps markets for first time this year via modest bond reopening -
Greece aims to replicate last year's successful debt strategy in 2024
Greece changes banks' DTA conversion law to secure ECB/EBA approval
Τhe Finance Ministry (MoF) tabled on Wednesday night an amendment to the legal framework which allows the conversion of the deferred tax asset (DTA) to a tax credit (DTC), following a relevant request by the European Banking Authority (EBA).
The changes were required to fully comply with EBA rules, while the proposed model is in line with that of Portugal, which the European Central Bank has reportedly approved.
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