Economy
Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
The credit expansion in the Greek private sector remained solid in July, rising by 10.5 percent year-on-year (YoY), unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed.
Despite small drop in July, deposits stay above 200 bln mark
The Greek banking system’s private sector deposits dropped in July, with a net decrease of 1.15 billion euros, after a jump of 5.1 billion euros in June, according to the latest Bank of Greece (BoG) figures released on Thursday.
Consumer and retail confidence deteriorate further in Aug due to cost of living
The rebound in Greece’s economic sentiment (ESI) continued in August, when the index reached 110 points, from 109.1 in the previous month, according to European Commission figures released on Thursday.
Construction shows first signs of recovery in 2025 as building activity rises 31.6 pct YoY in May
Building activity showed signs of recovery in May with a rise of 31.6 percent year-on-year, after a drop of 17.3 percent YoY seen in April, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Wednesday.
Primary balance up to July confirmed at 7.94 bln due to underspend, tax revenues
The budget primary balance was confirmed at a surplus of 7.94 billion euros up to July, compared to a surplus of 5.67 billion euros in the same period a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Monday.
Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
Greece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday.
Central government debt rises to 403.2 bln in Q2, cash reserves near 42 bln
Greece’s central government debt recorded a rise of roughly 1 billion euros to 403.2 billion euros in Q2 2025, the Finance Ministry's (MoF) debt bulletin showed on Tuesday.
Industrial turnover stable in June after marginal 0.1 pct YoY rise
Greece’s industrial turnover was virtually unchanged in June, with a rise of 0.1 percent year-on-year (YoY), from a 2.4 percent increase in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
Oil balance and drop in exports pushes current account to 1.19 bln deficit in June
Greece’s current account recorded a deficit of 1.19 billion euros in June, from a surplus of 196.5 million euros in May, Bank of Greece (BoG) data released on Wednesday showed.
Significantly contained spending pushes July primary surplus 4.36 bln above target
The budget primary balance produced a surplus of 7.96 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.