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Time deposit rate almost stable in December, average loan rate rises 17 bps
EconomyMacroeconomyGreek households’ new time deposit rate rose by 1 basis point to 1.02 percent in December, Bank... of competition in the Greek banking market. Even though the new time deposit rate remains at historical lows..., the weighted average rate on total new deposits eased further by 2 bps to a new low of 0.56 percent
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Time deposit rate falls to record low of 0.71 pct, loan rate drops to 4.83 pct
EconomyMacroeconomyGreek households’ new time deposit rate declined for the third successive month in November, when t...) data showed on Wednesday. The November rate is a new record low for the last 14 years. Since the imposition of capital controls at the end of June 2015, the time deposit rate has dropped by 110 bps
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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomyThe new time deposit rate for Greek households fell by 1 basis point (bp) for the second straight.... The January rate is the lowest since 2002, when Greece entered the eurozone. The rate has dropped by 112 bps since the imposition of capital controls at the end of June 2015. As a result, the Greek rate
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Greece prepares for next stage in Covid relaxation as tourism hopes hang in balance
PoliticsGreek Politicsvaccinated any benefits against those who have yet to receive the jab. She said this would remain... vaccinated. When measured in terms of just the adult population, Greece’s vaccination rate is 25.6... among older age groups. For those over 80, the rate is 63.1% for at least one dose against an EU
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Beyond conspiracy theories: How mismanagement shaped vaccination in Albania
Agorain the hope of snatching a Pfizer jab when the next batch arrives. Some are waiting on Pfizer because... also played a significant role in slowing down the rate of vaccination in Albania. First, it’s... trials showing that it protects against hospitalization and death at a rate that is on par with Western
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Average loan rate falls by 26 bps, time deposit rate down by 8 bps to new record low in September
EconomyMacroeconomyGreek households’ new time deposit rate fell by 8 basis points (bps) to 0.79 percent in September... in 2002, while it stands 27 bps above the eurozone average rate of 0.52 percent. Following the downward trend in the time deposit rate, the weighted average rate on all new deposits edged down by 4 bps
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Time deposit rate edges down to 0.76 pct, loan rate spikes to 5 percent
EconomyMacroeconomyGreek households’ new time deposit rate dropped for the second straight month, albeit at a slower... low since Greece’s euro accession in 2002. However, it remains 31 bps above the eurozone average rate of 0.45 percent. The slight reduction in the time deposit rate led the weighted average rate on all
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Eurosystem funding falls by 978 mln in Nov, banknotes increase for fourth month
EconomyMacroeconomyfigure was driven by a drop of 859 million in Emergency Liquidity Assistance (ELA) funding to 2.71... of Greek banks’ EFSF holdings in the ECB’s quantitative easing (QE) programme. Interbank repos have
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Attention turns to economic activity, support measures as Covid-19 vaccine rollout begins
PoliticsGreek PoliticsMitsotakis was among the first to receive the jab, but doubts remain about the next steps in the government... will see medical personnel and care home residents receive the jab, before other vulnerable groups... fatality rate was the highest of all, at 6.3 pct. Fiscal measures While the government is relying
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Govt hopes opening of cafes and bars marks next step in return to normality
PoliticsGreek Politicsto be shunning the AZ jab because of health concerns, while the vaccination rate among older Greeks.... Around 2.1 million have received at least the first jab. This is equivalent to around 20% of the Greek
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