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US Fed Interest Rate Hike is Highest in Nearly 30 Years

The US Federal Reserve's decision to raise interest rates by three quarters of a percent on Wednesday—the biggest hike since 1994—was designed to rein...

US Fed Raises Interest Rates for First Time Since 2018 to Stem Inflation

The US Federal Reserve announced a quarter-percentage point interest rate increase on Wednesday, nearly two years to the day the central bank slashed its...

John Calamos Talks Inflation, Interest Rates, Market Volatility

John P. Calamos, Sr., one of the most prominent financial experts worldwide, says that in 2022 there will be a great deal of volatility...

Greek State Borrows €625 Million at Interest Rate of Zero

Greece's Public Debt Management Agency (ΟΔΔΗΧ) announced on Wednesday that it pumped €625 million into the economy by selling 26-week Treasury Bills at a...

Bank of Greece: Interest Rates to Remain Low

Interest rates will remain at low levels for the forseeable future and European central banks could continue using quantitative easing (QE) tools, according to...

German Newspaper: Schaeuble Says 'No' to Freezing of Interest Rates for Greece

Germany says 'No' to freezing of interest rates for the Greek debt until 2040 because that would cost creditors 120 billion euros, according to...

German Chancellor Merkel: 'No Room for Lowering Greece's Interest Rates'

German Chancellor Angela Merkel noted on Monday during a news conference in Berlin that it would not be possible to lower the interest rates...

Greek Supreme Court Upholds 16.5% Interest Rate Charged by Credit Card Companies

Greece 's Supreme Court upheld the 16.5% interest rate charged by banks for credit card debt as legal in a case before the A1...

Mitsotakis Says Greece Back, Lower Interest Rates Key

Greek Administrative Reform Minister Kyriakos Mitsotakis, the man in charge of firing thousands of public workers in an austerity drive, said the big spending...

Loan Interest Rates Drop 1-1.5%

The National Bank of Greece decreased business loans interest rates by 1.5 percent. A relevant decision is expected to be taken regarding other kinds...