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Stable deposit rate in Jan, slight uptick in loan rate
EconomyMacroeconomy. 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...The new time deposit rate for Greek households fell by 1 basis point (bp) for the second straight
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No fear of the bear? Bilateral economic relations between Germany and Russia
Agorabanking - with their European peers. The rising investment interest also has a political impact. Russian... champion). More specifically, bilateral trade has fallen from 80 billion euros to 52 billion since 2012... Vladimir Putin has hardly impacted on bilateral economic ties. Despite the economic crisis in Russia
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Athens responds to Erdogan's accusations as Mitsotakis readies UN address
PoliticsForeign Policyand the Aegean. “Whoever tries to conduct shows of force in the area is not equal and has..., and comes here to accuse Greece of crimes against humanity, when in fact it is using false data that has... with war, the country that has a standing casus belli, the country that questions Greek sovereignty
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Has internal devaluation really helped Greek exports?
EconomyThe performance of Greece’s exports has been one of the main disappointments of the troika-led... of factors that are holding back their growth. Many of these elements are related to the policies... markets has been steadily declining since 2008 and the reforms implemented since 2010 have not had much
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Unemployment rate edges up to 20.2 pct in April as number of employed dips
EconomyMacroeconomywhen the rate also came to 20.2 percent. The unemployment rate has remained under 21 percent for five... unemployment rate has remained under 22 percent for four consecutive quarters now....Greece’s seasonally adjusted (SA) unemployment rate in April edged up to 20.2 percent from 20.1
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Has external competitiveness been fixed in Greece?
Agorapandemic further underline this interplay. Greece has made large efforts to reform the economy... in difficult rounds of cuts. In fact, the turnaround has been so big that costs have been reduced and inflation has turned negative. Greece continues to seek ways to bolster overall efficiency
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Athens prepares for Erdogan visit, high-level talks with Turkish officials
PoliticsForeign Policyadvantage of the positive political mood with Athens as it has open diplomatic fronts with other... to Athens and has been warning about possible compromises by Athens on the issue of the Muslim minority... Papadopoulou and Bural Akçapar. Meanwhile, Athens is monitoring Turkey’s positions and affairs
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Greece braces for Middle East fallout as polls show ND holding firm despite voter unease
PoliticsGreek Politicsand instead maintain room for manoeuvre if conditions deteriorate. The geopolitical turbulence has already..., and the broader inflationary pressure that has accumulated over recent years. Government officials..., with a target of 950 euros minimum wage by 2027 and an average wage that, it says, has already
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Kammenos's odd partnership with Tsipras still holding together
PoliticsGreek Politicsdisciplinary measures. The ANEL leader has become indispensable to Prime Minister Alexis Tsipras thanks to his... their public criticism of the government’s decisions at a minimum. This has been repaid by Tsipras... that favours a complete separation of the church and state, has compromised his positions on this issue
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PM hails Covid certificate but concerns mount in tourism sector
PoliticsGreek Politicsthe lowest figures in the EU. The 60-69 age group has reached a rate of 53.1%, while the 50-59 bracket is at 35.3%. This data underlines that although the daily vaccination rate in Greece has picked... EU summit has paved the way for the certificate to be issued from July 1, helping vaccinated
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