Greek time deposit rate down to 1.88 pct in November, lowest since euro entry

EconomyMacroeconomy Tags: Banking, BoG, Rates
The interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88 percent in November, according to the Bank of Greece (BoG). This is the lowest reading since Greece accessed the euro area in 2002.

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