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Credit expansion grows by 4.5 pct in Mar, driven by corporations -
Deposits reverse contraction in Mar with 1.67 bln growth -
Building permits start year strongly with 15.1 pct rise in Jan -
March hirings balance hits new high, boosted by seasonal jobs in catering and accommodation -
Fiscal data for 2023 indicates that 2.1 pct of GDP goal is within reach -
Travel balance rises in Feb as arrivals jump by 20.7 pct in first two months
Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years
Interest rates on loans in Greece continued their upward trend that started in the summer, with the weighted average rate on loans climbing to over 5 percent, at 5.06 percent at the end of 2022, according to the latest data released by the Bank of Greece on Thursday.
The average of new loans to individuals was 5.57 percent in December, from 4.67 percent at the end of 2021. Loans to sole proprietors were 6.66 percent, from 4.63 percent in December 2021. Loans to corporations were 4.63 percent, up from 2.94 percent a ...
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