The interest rate margin was limited, that is, the difference between the average interest rate – deposits of Greek banks in 2025, however, remaining from the highest in the European Union.

As noted in the Systemic Risk (ECB) report released today, the Greek banks’ interest rates in July 2025 fell to the region of 2.5%, while a year ago they ranged above 3%. According to the same elements, the interest rate of Greek banks is the ninth highest in the EU. At the same time, the Council is ringing the alarm for the great rise recorded by the EU markets lately, warning that “valuations have now surpassed any historical previous”, adding that they are incompatible with the prospects of the economy.

The same report finds that the lending of Greek banks from the European Central Bank has been drastically reduced due to the opening of markets and their funding from other sources. At the same time, it is found that the ratio of loans in the deposits of Greek banks is one of the lowest in the eurozone (one place before the last position held by Cypriot banks), indicating that Greek banks have significant rooms to increase their lending.

For the other hand, the Systemic Risk Council, which is an independent EU authority established with the aim of supervising the European Financial System and the prevention of systemic risks which are threats to financial stability with possible extensive consequences, in its report, estimates that the risks to the EU. geopolitical uncertainty.

The US and EU agreement on tariff measures has reduced somewhat, but has not eliminated uncertainty in the field of trade. The Council stressed the critical need for the authorities to continue to monitor the impact of the agreement on the behavior of business, households and the EU financial sector.

The Council also discussed developments in financial markets. In the last three months, the worldwide disposition to take up risks has increased, leading to historically high asset valuations that look increasingly incompatible with macroeconomic prospects. He warns that investor optimism could quickly turn into disgust from risk if economic and political uncertainty increase. In this context, the results of the recent endurance test (the famous stress tests) across the EU have shown that European banks seem well -prepared to face possible difficulties, as their resilience continues to strengthen.

Finally, the Council announced the issuance of a new report on Stablecoins, cryptocurrencies and multifunctional groups in the coming weeks. In particular, the Council stressed that the multiple third -country publisher systems – with exchangeable Stablecoins issued both in the EU and outside – have inherent vulnerabilities that require emergency political reaction.