Bank of Greece trims 1% off rates for last time

The Bank of Greece Dec 27 implemented the last leg of monetary convergence with the euro-zone as it slashed between 75 to 100 basis points from three benchmark interest rates, bringing them in line with the European Central Bank's refinancing rates.

Rate harmonisation commenced on January 26, 2000, when BoG trimmed a whole percentage point off the 14-day intervention rate. Since then, the central bank has undertaken a gradual and conservative approach, taking between 50 to 75 basis points off at

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.