Economy
Credit expansion growth slowed to 6.8% in July due to loans to businesses
Credit expansion in the Greek private sector slowed in July, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed.
Deposits drop by 2 bln in July, driven by corporations
Private sector deposits moderated in July, with a net outflow of 2 billion euros, after a solid rise of 8.57 billion euros in June, according to the latest Bank of Greece (BoG) figures released on Thursday.
Budget continues to perform strongly in July as VAT beats target by over 1 bln
The budget primary balance was confirmed at a surplus of 5.77 billion euros for July, compared to a surplus of 7.94 billion euros a year earlier, according to the final Finance Ministry (MoF) budget execution data released on Tuesday.
Travel balance moderates in June as spending per trip drops by 6.2% YoY
Greece's travel balance recorded a surplus of 3.12 billion euros in June, compared to 2.02 billion euros in May, according to data released by the Bank of Greece (BoG) on Friday.
Energy propels rise of 19.6% YoY in June industrial turnover
Greece’s industrial turnover recorded another jump of 19.6 percent year-on-year (YoY) in June, from a rise of 14.1 percent in May, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.
Current account deficit improves in June, rises to 9.54 bln in first half of year
Greece’s current account deficit narrowed further in June to 602.8 million euros, from 960.2 million euros in the previous month, Bank of Greece (BoG) data released on Thursday showed.
Central govt debt rises to 402.64 bln in Q2 on back of repos and bonds increases
Greece’s central government debt recorded an increase of roughly 2 billion euros to 402.64 billion euros in Q2 2026, the Finance Ministry's (MoF) debt bulletin showed on Thursday.
Greece extends debt prepayment strategy with first repayment of EFSF loans
Greece announced this week that it intends to continue the debt prepayment strategy that the Public Debt Management Agency (PDMA) has employed since 2019, with another prepayment of 4.7 billion euros to take place before the end of the year.
Primary balance at 5.73 bln up to July as RRF-related spending revs up
The budget primary balance landed at a surplus of 5.73 billion euros up to July, according to the preliminary budget execution data released by the Finance Ministry (MoF) on Monday.
Import prices rise moderates to 6.9% YoY in June as energy continues to dominate
Greece’s import price index recorded another sharp rise of 6.9 percent year-on-year (YoY) in June, after a jump of 13.3 percent in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.