Primary cash surplus at 19.54 bln in October on monthly and aggregate expenditure falls
Budget primary surplus at 6.46 bln in October on improved revenues and primary underspend
Eurosystem funding rises to 13.2 bln in October, banknotes up for third month
Building permits increase by 13.3 pct in August
Apartment prices up by 2.5 pct in Q3 as recovery trend continues
Car sales rise by 19.2 pct in October
Greek loan rates remained well above euro area average in October
The interest rate on households’ new time deposits was further reduced by 14 basis points (bps) to 1.94 percent in October, according to the Bank of Greece (BoG). This was the first reading below the 2-percent mark since Greece’s accession in the eurozone in 2002.
The drop in October led the year-to-date (YtD) time deposit rate contraction to 88 bps, largely reflecting changes in the last seven months.
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