Record year for tourism in 2023 with 20.46 bln in receipts, 32.74 mln visitors
Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower
Current account deficit drops sharply to 14.13 bln in 2023 as energy effects moderate
European Commission leaves 2024 growth estimate of 2.3 pct unchanged
Strong start to budget execution in 2024 as Jan brings 2.12 bln primary surplus
CPI at 3.1 pct in Jan, foods up by 8.3 pct
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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