Interest Rate in Greece

Greece Interest Rate | Economic News & Forecasts

Greece - Interest Rate

Incoming data suggests that the soft dynamics at the end of last year carried over into the first quarter. Retail sales fell for the third straight month in February, which, combined with declining employment in January–February and persistent consumer pessimism in Q1, points to subdued household spending in the quarter. Metrics, however, were more upbeat in Q2: In April, the manufacturing PMI rose to its highest level in nearly two decades while confidence in the industrial sector improved. On the political front, Prime Minister Alexis Tsipras—whose term ends in October—called snap general elections on 26 May after his Syriza party suffered a heavy defeat by the conservative New Democracy party in the European Parliament and local elections. Financial markets reacted positively to the news, with the 10-year government bond yield falling to a record low the following day. Meanwhile, polls indicate that New Democracy will win the election, which will likely be held in June or July.

Greece - Interest Rate Data

2013  2014  2015  2016  2017  
Policy Interest Rate (%)0.25  0.05  0.05  0.0  0.0  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Greece Interest Rate Chart


Euro Interest Rate
Note: ECB Refinancing Rate in %.
Source: European Central Bank.

Greece Facts

ValueChangeDate
Bond Yield3.430.76 %Jun 14
Exchange Rate1.120.65 %Jun 14
Stock Market847-1.46 %Jun 14

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form