Households and businesses are expected to face a double interest rate increase in 2026, as the European Central Bank is projected to go up to two 0.25% each – the first by June and the second by autumn. The Euroibor interbank rate is already close to 2.1%, mainly affecting loans at a floating rate. For a $100,000 mortgage, the monthly installment is expected to increase 24-30 euros. Banking executives warn that borrowers in early years of repayment are more exposed, while deposit returns increase much slower than borrowing rates.

# Revealing evidence of wages at the Bank of Greece

The 2,017 employees of the Bank of Greece are in the wage penthouse with average annual earnings of 94,200 euros mixed, according to the financial report of 2025. The increases were launched at 10.92% last year, due to the Operational Convention 2024-2027 and the Sectoral OTOE Convention. On the other hand, Commander Giannis Stournaras has maintained reduced earnings since 2014 to EUR 210,000 per year. In commercial banks, average wages range from EUR 36,389 (Eurobank) to EUR 51,196 (Optima Bank), significantly below the central bank.