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EconomyMacroeconomy
Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct The increase in the nominal value of apartments in Greece remained on a solid footing in Q4 2022, rising by 12.2 percent year-on-year (YoY), from an upwards revised 11.7 percent in Q3, Bank of Greece (BoG) data released on Wednesday showed.
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EconomyMacroeconomy
Credit expansion for private sector grows 5.7 pct YoY in Jan, but flow turns negative Credit movement in the Greek private sector slightly decelerated in January but still recorded a solid rise of 5.7 percent year-on-year (YoY), from 6.3 percent in December, Bank of Greece (BoG) figures released on Tuesday showed.
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EconomyMacroeconomy
Travel balance of 15.7 bln in 2022 beats 2019 levels, arrivals yet to catch up Greece’s travel balance recorded a surplus of 71 million euros in December, from 180 million euros in November, according to Bank of Greece (BoG) data released on Tuesday.
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EconomyMacroeconomy
Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021 Greece closed 2022 with a current account deficit of 2.66 billion euros, down from 3.93 billion euros in November 2022, Bank of Greece (BoG) data showed on Monday.
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EconomyMacroeconomy
Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years Interest rates on loans in Greece continued their upward trend that started in the summer, with the weighted average rate on loans climbing to over 5 percent, at 5.06 percent at the end of 2022, according to the latest data released by the Bank of Greece on Thursday.
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EconomyMacroeconomy
Loans grow by 6.3 pct in Dec, highest since 2009 Credit movement in the Greek private sector accelerated in December, rising by 6.3 percent year-on-year (YoY), from 5 percent in November, and 5.3 percent in October, Bank of Greece (BoG) figures released on Friday showed.
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EconomyMacroeconomy
Deposits record growth of 5 bln in Dec, balance at highest since summer 2011 The net private sector deposit movement in the Greek banking system turned positive in December with a jump of 5 billion euros, after a drop of 591 million euros in November, based on Bank of Greece (BoG) figures released on Friday.
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EconomyMacroeconomy
Travel balance up to Nov reaches 15.62 bln, arrivals down 11 pct on 2019 Greece’s travel balance recorded a surplus of 180 million euros in November, from 1.31 billion euros in October, according to Bank of Greece (BoG) data released on Monday.
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EconomyMacroeconomy
Current account deficit widens to 3.93 bln in Nov, 17.48 bln in 11M Greece posted a deep current account deficit (C/A) of 3.93 billion euros in November, from 2.7 billion euros in October, Bank of Greece (BoG) data showed on Friday.
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EconomyMacroeconomy
Nov sees 5 pct rise in loans, led by corporations and consumer credit Credit movement in the Greek private sector slightly slowed in November, rising by 5 percent year-on-year (YoY), from 5.3 percent in October, and 6 percent in September, Bank of Greece (BoG) figures released on Thursday showed.