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Industrial production accelerates to 3.9% YoY in May, led by electricity supply
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Fuels continue to propel drop in trade deficit as May sees 15.7% YoY decline
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Pension policy U-turn highlights government’s election concerns
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Jobs in tourism push May hiring balance upwards
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PBO sees resilience in economy, revises growth outlook slightly down
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Unemployment slides to 8.1% in May as male and youth rates improve
Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September
Greek households’ new time deposit rate fell by 8 basis points (bps) to 0.79 percent in September, after remaining broadly flat in the previous three months, Bank of Greece (BoG) data showed on Thursday.
The headline figure for September indicates a new record low since Greece’s euro accession in 2002, while it stands 27 bps above the eurozone average rate of 0.52 percent.
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