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Apartment prices drop by 2.7 pct in Q2, slowest rate since Q1 2010
EconomyMacroeconomydecrease recorded in 2014. The biggest drop of 11.7 percent over the past seven years has been posted in 2012, while the rate of fall has decelerated since then. At the same time, housing loans have... represents the slowest rate of fall since Q1 2010. Compared to the previous quarter, apartment prices
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Deposit interest rates largely unchanged in April, average loan rate increases
EconomyMacroeconomyGreek households’ new time deposit rate edged up by 2 basis points (bps) to 0.68 percent in April... deposit rate since August 2016. It remains close to its historical low and 26 bps higher than the euro area average rate of 0.42 percent. Taking into account a slight drop of 2 bps in the corporate
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Overall loan interest rate edges up to 4.68 pct in August
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.68 percent in August, up 11 basis points (bps) from the rate of 4.57 noted in July... weighted average interest rate on all existing loans stood at 4.09 percent, down by 2 bps while
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Overall loan interest rate edges up to 4.34 pct in Nov
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted... average interest rate on all existing loans dropped by 4 bps to 4 percent. The spread between existing
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EU-Turkey refugee plan: One for one and none for all
Agorait could fail, leaving Greece alone and holding its head. The plan put on the table last week for any... their turn to be transferred from Turkey move to the EU at a respectable rate, then the incentive for using... adopted last year has failed. The lack of participation from most EU member states has rendered
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Newsletter 80 - 01/07/2016
has posted outflows of around 1.5 billion, mainly stemming from savings and time deposit accounts. Meanwhile, credit contraction remains unabated, with the drop rate accelerating slightly to 2 percent... and 6.7 percent, respectively. Over the past six years, retail turnover in Greece has dived by 30.4
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Coalition sees key targets met in debt deal but opposition has holes to pick
PoliticsGreek Politicsthat the coalition met one of its key targets, which has not always been the case during its negotiations... sustainable, allowing the country to return to the markets. “Greece is turning a page. It has all... has been heavily critical of the government’s efforts to beat the primary surplus goals it has been
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Overall loan interest rate drops to 4.23 pct in May
EconomyMacroeconomyThe overall weighted average interest rate on all new loans to households and non-financial... percentage points from 3.92 percentage points. The overall weighted average interest rate on all existing... by 1 bps month-on-month to 3.72 percentage points. The average interest rate on consumer loans without
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Newsletter 102 - 13/01/2017
by 8,200 Over the last twelve months, the unemployment rate has fallen by 1.5 percentage points... also decreased by 7,100 to 3.69 million. Over the last twelve months, the unemployment rate has fallen.... There has been no official statement on the measures that Athens is considering, but reports have
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Brussels talks inconclusive, Tsipras has tough sell at home if deal reached
PoliticsGreek Politicsrate only applying to medicines, food and hotel accommodation. The institutions are aiming
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