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Energy propels rise of 19.6% YoY in June industrial turnover
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Current account deficit improves in June, rises to 9.54 bln in first half of year
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Central govt debt rises to 402.64 bln in Q2 on back of repos and bonds increases
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Greece extends debt prepayment strategy with first repayment of EFSF loans
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Primary balance at 5.73 bln up to July as RRF-related spending revs up
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Import prices rise moderates to 6.9% YoY in June as energy continues to dominate
Drop in corporate loan rates led the average loan rate at a new historic low
Greek households’ new time deposit rate remained at 1.81 percent in June unchanged from the previous month, according to the Bank of Greece (BoG).
This means that despite the extended deposit outflows of around 43 billion since December, the rate on new time deposits was kept stable over this 7-month period at its lowest level in the post euro era, largely due to lack of competition.
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