- Jun 27
Bank of Greece backs new interest rules for Katseli loans, lowering payments for 100,000 borrowers
A legislative provision that overhauls interest calculation for loans restructured under the Katseli law has received the endorsement of Bank of Greece governor Yannis Stournaras, while the Greek Ministry of National Economy estimates the total cost impact over 20 years at around 500 million euros on a portfolio of 16.5 billion euros.
- May 29
German inflation unexpectedly drops to 2.6% in May as fuel discount takes effect, but ECB rate hike looms
Germany's annual inflation rate fell to 2.6% in May from 2.9% in April, defying economist expectations, as a temporary fuel tax cut and lower crude oil prices eased pressure on consumers.
- May 26
Mitsotakis Extends Diesel Subsidy Through June, Slams Opposition as 'Political Babel'
Greek Prime Minister Kyriakos Mitsotakis announced a one-month extension of the diesel fuel subsidy and launched a sharp attack on emerging political parties during a cabinet meeting on Tuesday.
