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Parties at odds over latest pandemic measures, way to tackle Covid wave
PoliticsGreek Politicsand they will be required to get a booster jab to renew the permit. The government sees the measures... minister is solely responsible for Greece having the highest death rate from Covid in Western... believe their fellow citizens have a right no to get the jab if they so choose.
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Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomyGreek households’ new time deposit rate remained broadly stable for the second straight month... rate has been reduced by 80 bps amid lack of competition in the domestic banking market. Although... also marginal changes in the overnight rates, the weighted average rate on total new deposits slipped
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Time deposit rate slips 12 bps in Oct, average loan rate rises by 29 bps
EconomyMacroeconomyAfter remaining almost flat in September, Greek households’ new time deposit rate fell by 12 basis... rate corresponds to a new low in the period since Greek joined the euro. The cumulative drop by 75... deposit rate in Greece currently stands around 40 bps above the eurozone average, while
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Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
EconomyMacroeconomyGreek households’ new time deposit rate eased by 5 another basis points (bps) to just above the 1-percent mark in November, Bank of Greece (BoG) figures showed on Friday. The November rate represents... above the eurozone average. Since the imposition of capital controls, the new time deposit rate has
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Greek time deposit rate falls to 1.82 pct in Dec, lowest during euro membership
EconomyMacroeconomyThe interest rate on households’ new time deposits continued heading south for the ninth straight... of Greece (BoG). The December rate indicates a new historic low during Greece’s euro membership. For the whole year the time deposit rate recorded a drop of 100 bps on the end-2013 figure of 2.82 percent
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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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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate in April edged up to 20.2 percent from 20.1... rate in April last year was 21.7 percent. The current month’s rate is the lowest since October 2011 when the rate also came to 20.2 percent. The unemployment rate has remained under 21 percent for five
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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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