Bank supervision bill tabled in parliament

The finance ministry on Thursday evening tabled a bill in parliament on "Reinforced measures for supervision and streamlining of Credit Institutions - Regulation of fiscal matters - Ratification of the Framework Agreement of the European Fiscal Stability Facility (EFSF) and other provisions".
The bill reinforces the central Bank of Greece's (BoG) supervisory and control framework, while at the same time introducing streamlining measures aimed at the efficient ensurance of fiscal stability against systemic risks.
It further provides for the ratification of the EFSF as amended at the eurozone summit of July 21.

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