Bank of Greece Rejects Faster Depreciation of Deferred Tax for Banks

3 sourcesFirst reported 22 days agoUpdated 22 days ago

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The Bank of Greece opposes proposals for quicker depreciation of deferred tax liabilities.
Faster depreciation could significantly reduce banks' capital and threaten financial stability.
Banks would face major capital deficits and difficulties attracting investment due to this change.
Concerns were raised about the implementation and effects on the Greek banking system.

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