Budget primary balance confirmed at 495 mln in January
Retail turnover edged up by 0.2 pct in Dec, annual increase at 1.3 pct
Credit contraction unchanged at 0.6 pct in Jan, balance at 153.43 bln
Deposits drop by 2.16 bln in January
Economic sentiment at 113.2 in Feb, strong improvement in services and retail
Primary cash surplus at 132 mln in January
Greek deposit and loan rates slide in September
The interest rate on households’ new time deposits slipped by 5 basis points (bps) to 2.08 percent in September, according to the Bank of Greece (BoG). This was the lowest month on month drop since March.
Following September movement, the year to date contraction stands at 72 bps, reflecting changes in the last six months, since time deposit rate remained stable in the first quarter of the year.
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