The Minister of Finance, Kostis Hatzidakis, analyses the measures which include the zeroing of charges for payments, the cap on commissions for remittances and changes to withdrawals and prepaid cards
Reduction of commissions for so-called "people's" transactions, strengthening of competition between banks & real estate development are the three strands of the government's policy
And extra tax (ENFIA) on the 20,000 properties that keep closed - Legislative intervention to reduce excessive charges for withdrawals (banks keep 2 in 20 euros!), transfers and bill payments - Package of measures for more loans with better interest rates
PM rejects tax on profits, but insists on better mortgage and deposit rates, lower commissions
Bank of America (BofA) reports Greek banks are becoming more appealing as the volume of loans is expanding, with the Greek banking sector posting stronger yields and lower valuations.
According to an article in Politico, citing Greek banking sources, the European Central Bank is expected to give the go-ahead in June for the four systemic lenders.
"We are determined to continue, more or less, in the same way, proceeding with all necessary structural reforms, sending the message that this country is investment-friendly," Mr. Hatzidakis said
