An ING analyst places Greece among the “winners” of the European Central Bank’s (ECB) negative interest rates, lumping the country along with other southern European member-states.
In an analysis signed by ING economist Teunis Brosens, the latter notes that previously Greek and Italian banking sectors had borrowed more than three times the amount from the ECB than they had deposited, and that targeted longer-term refinancing operations (TLTROs) borrowing exceeded reserves in Spain, Italy, Portugal and Greece in the years 2016-2019.
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Rhodes Airport Tops Fraport Greece’s Regional Airports in 2024 Performance
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European Central Bank Cuts Interest Rates by 25 Basis Points
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Airbnb: New Measures Add €600 in Extra Costs for Property Owners
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Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
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The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
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The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
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