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Tuesday, April 14, 2015

Moody’s issues warning about EU’s deferred tax asset probe

Moody’s said on Monday that a Brussels probe into deferred tax assets would constitute a credit negative event for Greek banks, as they may be deemed to have received state subsidies through a system that allowed them to defer tax payments from loss-making years to profit-making ones.


READ THE ORIGINAL POST AT www.ekathimerini.com