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General government primary cash surplus grows to 4 bln by end-July, arrears fall to 6.9 blnzzzz
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Bank credit contracts by 1.6 pct in Oct on loan deductions of 308 mln
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Deposits rise to 124.6 bln in Oct on inflows of 1 bln
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OECD expects Greek economy to recover, stresses need for structural reforms and debt relief
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Eurosystem funding falls by another 4.4 bln in August
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Who pays property tax and how much revealed by Greek authorities
Corporate lending rates fell in March, time deposit rate slightly down to a new low of 0.88 pct
Greek households’ new time deposit rate eased for the third straight month, albeit modestly, by 3 basis points (bps) to 0.88 percent in March, Bank of Greece (BoG) data displayed on Wednesday.
The headline figure indicates a new low for time deposit rates since 2002. Since the imposition of capital controls at the end of last June, Greek banks’ time deposit rates have dropped by 93 bps amid lack of competition.
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