Industrial turnover increases by 12.9 pct in November
Primary cash balance falls to deficit of 877 mln in Dec, expenditure rises
Travel balance for nine-month period shows surplus of 11.57 bln
Building activity increases by 16.4 pct in October
Budget primary surplus at 1.97 bln in 2017 on strong underspend
Net job hirings balance positive by 15,315 in December
Cost of Greek corporate loans rises in April, remains well above euro average
After remaining stable for the past five months, the interest rate on households’ new time deposits eased by 10 basis points (bps) to 2.71 percent in April, while the interest on corporate loans rose and remained well above the euro area average, according to the Bank of Greece (BoG).
This rate had peaked at 5.01 percent in June 2012 and was on the decline thereafter. In particular, it dropped by 30 bps in the second half of 2012 and by a further 190 bps in 2013.
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