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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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Greece, creditors seek progress at Eurogroup on key differences holding up review
EconomyProgramme. It has requested an increase in the limit for mass layoffs, abolition of the need for pre-approval... for the restoration of collective bargaining. The Fund has also demanded a reduction in the tax... this issue has also not been resolved yet, it appears that the two sides are not far from clinching
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Strong tourism season has little impact on unemployment, hovering at 10.8 pct in July
EconomyMacroeconomyGreece’s seasonally adjusted (SA) unemployment rate was essentially unchanged in July, landing... (ELSTAT) data showed on Thursday. In July last year, the unemployment rate was 12.5 percent. These are the lowest jobless rates Greece has experienced since the end of 2009, as the country
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Unemployment rate edged up again in Jan, reaching 18.5 pct
EconomyMacroeconomyunemployment has stayed under 40 percent. Regionally, the lowest unemployment rate is found in Crete, where...Greece’s seasonally adjusted (SA) unemployment rate came to 18.5 percent in January, edging up from an upward revised rate of 18.4 percent in December, Hellenic Statistical Authority’s (ELSTAT) data
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Tsipras wins confidence vote, has to repeat trick in ballot on name deal
PoliticsGreek PoliticsTo Potami on Wednesday regarding what stance its five MPs (Danellis has been ousted) will take. Two... to backing the deal if Tsipras publicly commits to holding snap elections as soon as possible
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Time deposit rate almost flat in Jan, average loan rate falls 12 bps
EconomyMacroeconomyrate has been reduced by 80 bps amid lack of competition in the domestic banking market. Although...Greek households’ new time deposit rate remained broadly stable for the second straight month... also marginal changes in the overnight rates, the weighted average rate on total new deposits slipped
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Newsletter 316 - 12/11/2021
for the booster jab, he said that the vaccination certificates for over-60s who have been double... and Control (ECDC), Greece has one of the highest Covid death rates in the EU. The ECDC places Greece... sources. The issues of the death rate and hospital shortages have been taken up with renewed vigour
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Worrying Covid data forces ND to take tough policy decisions
PoliticsGreek Politics, the government has only forced health workers to get the jab in order to continue working... the freedoms that were reinstated earlier this year would likely rile those who got the jab. ND has so far... and weaknesses in treating patients, especially at hospitals outside Athens and Thessaloniki, has
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Greek time deposit rate down to 1.88 pct in November, lowest since euro entry
EconomyMacroeconomydeposit rate reached a high of just over 5 percent in June 2012 and has slipped by more than 3 percentage points since. Although the Greek time deposit rate has sharply retreated, it still remains well...The interest rate on households’ new time deposits dropped by another 6 basis points (bps) to 1.88
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Time deposit rate eases by another 5 bps in Nov, average loan rate drops 16 bps
EconomyMacroeconomyabove the eurozone average. Since the imposition of capital controls, the new time deposit rate has...Greek 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
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