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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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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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Podcast - So long, farewell, auf Wiedersehen Angela Merkel
Agoracan also find it on Spotify, Apple Podcasts and Google Podcasts. Please subscribe, rate us and send... from the head of the Konrad Adenauer Foundation’s (KAS) office in Athens, Henri-Giscard Bohnet... Adenaeur Foundation Office, Greece: https://www.kas.de/en/web/griechenland Friedrich Ebert Foundation
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