Central bank

The Bank of Greece has identified a number of property categories where investment in real estate in Greece makes particular sense, as the central bank anticipates significant returns in the next couple of years.

All the scenarios for the next day of France’s parliamentary elections are on the table at the ECB’s iconic tower in Frankfurt.

Recent data on inflation and economic expansion strengthen arguments for additional interest rate cuts by the European Central Bank, with two more this year, according to statements by Board member and Bank of Greece Governor Giannis Stournaras to Bloomberg.

As widely expected, the Central Bank has opted to keep the policy rate, the one-week repo auction rate, stable at 50 percent.

Türkiye's Central Bank will meet later this week to decide about its policy rate, the one-week repo auction rate.

Most economists expect the bank to keep its key rate steady at 50 percent when members of the Monetary Policy Committee (MPC) meet on June 27.

World Bank President Ajay Banga with Finance Minister Mehmet Şimşek in Ankara on June 11.

The World Bank has lowered its growth projection for the Turkish economy for 2024 from a previous 3.1 percent to 3 percent.

In its Global Economic Prospects Report released on June 11, the bank also cut the GDP growth forecast for 2025 from 3.3 percent in January to 3 percent.

Greek banks are starting to adjust their dividend policy to the European average, with the approval of the European Central Bank's Single Supervisory Mechanism of the dividend distribution for last year, for the first time in 16 years.

The European Central Bank (ECB) still has "a long way to go" to tame inflation, its president Christine Lagarde said Friday, a day after the body announced its first interest rate cut since 2019.

The de-escalation of lending rates, but also of interest rates on deposits by commercial banks, is expected to be slow, as banks await the next moves by the European Central Bank to determine their pricing policy.

The European Central Bank (ECB) has cut its key interest rates by 25 basis points, marking the first reduction since 2019. The main refinancing rate, marginal lending rate, and deposit rate have been adjusted to 4.25%, 4.50%, and 3.75% respectively. This is the first decrease in the refinancing and marginal lending rates since March 2016, and the deposit rate since September 2019.