According to Bulgaria’s regulatory framework, all banks in the country are required to deposit 12% of their balance sheet as non-interest-bearing reserves at the central bank. This ratio will be reduced to 1% upon the country’s entry into the Eurosystem.
ELSTAT reported that employment rose to 4,346,499 individuals, reflecting an increase of 86,787 people (2.0%) compared to May 2024
Merkel, who played a pivotal role from 2011 when Greece entered its first bailout program until her retirement in 2021, shared critical moments and decisions in a packed hall at the Stavros Niarchos Foundation.
Economic growth in Greece is projected to be 2.3% in 2025, according to the country’s central bank's latest Monetary Policy Report
He noted that in Greece, direct payments constitute 25% of the total, surpassing the Eurozone average of 20.9%.
If the economy deteriorates and inflation falls sustainably below 2% we will move to cut interest rates, but "we will go meeting by meeting to see what we do next", Stournaras told Bloomberg TV
