Greek daily news

Greek Daily News – 07/06/23

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ECONOMY

-The interest rate spread between new deposits and loans increased to 5.60 percentage points in April, as the weighted average interest rate on new deposits remained almost unchanged at 0.25%, while the corresponding rate on new loans increased to 5.85%, the Bank of Greece said on Tuesday.

-The opening of the binding financial offers for 67% of Iraklio Port Authority had been scheduled for Thursday, but this is no longer expected to happen, Kathimerini reported.

-Greek economic growth will remain robust, with real GDP growth projected at 2.2% in 2023 and 1.9% in 2024, according to the Organization for Economic Cooperation and Development (OECD) economic outlook survey, released on Wednesday (June 7).

-Greece’s trade deficit decreased by 22.9% to EUR 2.153 billion in April on an annual basis, as the value of imports fell 11.8% and exports were down 4.3% the Hellenic Statistical Authority data showed.

-The Athens Exchange (ATHEX) general index closed up 0.47% on Wednesday continuing its winning streak.