INTEREST RATES
The European Central Bank confirmed analysts' and markets' forecasts by cutting interest rates for the third time and for the second consecutive time by 25 basis points.
17/10/24 • 16:00
Yannis Stournaras, a member of the ECB Governing Council, believes that two more interest rate cuts this year are appropriate, and recent data on inflation and economic expansion support the need for further ones.
04/07/24 • 12:24
Based on data from the Bank of Greece, the interest rate on new loans decreased marginally, narrowing the difference with the new deposit rates.
05/06/24 • 13:51
The Bank of Greece issued its latest report on February 2024 interest rates on bank deposits and loans.
05/04/24 • 13:47
In October 2023, the weighted average interest rate on new deposits increased to 0.46%, while the corresponding interest rate on new loans remained almost unchanged at 6.17%.
04/12/23 • 14:54