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  1. Loans grow by 6.3 pct in Dec, highest since 2009
    Photo via https://flic.kr/p/j1gHCm

    EconomyMacroeconomy

    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. After a recent peak of 3.7 percent growth in February 2021, credit

    13%

  2. Travel balance of 15.7 bln in 2022 beats 2019 levels, arrivals yet to catch up
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    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. December’s balance was broadly unchanged from the 73.4 million euros registered in 2021. It was also higher than the 2.2

    13%

  3. Deposits drop by 4.5 bln in Jan, reversing previous month's marked increase

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system dropped by 4.5 billion euros in January, reversing December’s impressive rise, when it jumped by 5 billion euros, based on the latest Bank of Greece (BoG) figures released on Tuesday. December is traditionally a month of solid

    13%

  4. Credit expansion for private sector grows 5.7 pct YoY in Jan, but flow turns negative
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    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. After a recent peak of 3.7 percent growth in February 2021, credit

    13%

  5. Property prices grow by 12.2 pct in Q4, as 2022 sees rise of 11.1 pct
    Photo by MacroPolis

    EconomyMacroeconomy

    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. The latest figure is the highest since before the debt

    13%

  6. Strong start for travel receipts in Jan, rising by 72 pct YoY to 224.2 mln
    Athens Airport

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 26.3 million euros in January, from 71 million euros in December, according to Bank of Greece (BoG) data released on Tuesday. January’s balance was 40.2 percent lower from the 44 million euros registered in January 2022. Higher than the 1.7 million

    13%

  7. Feb sees back-to-back drops in deposits, landing 6 bln off recent high
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system dropped further in February, down by 1.46 billion euros, after having declined by 4.5 billion euros in January, based on the latest Bank of Greece (BoG) figures released on Monday. The annual growth in February was 2.9 percent

    13%

  8. Credit growth slows in Feb, loans balance stable at 113.35 bln
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    Credit movement in the Greek private sector decelerated further in February, still recording a rise of 4.8 percent year-on-year (YoY), from 5.7 percent in January, Bank of Greece (BoG) figures released on Monday showed. After a previous peak of 3.7 percent growth in February 2021, credit expansion

    13%

  9. Current account deficit narrows to 1.32 bln in Feb as oil impact wanes

    EconomyMacroeconomy

    Greece’s current balance in the second month of 2023 came to a deficit of 1.32 billion euros, from a narrow deficit of 125.2 million euros in January, Bank of Greece (BoG) data showed on Thursday. In February 2022, the balance showed a deficit of 2.34 billion euros, while in February 2021

    13%

  10. Boost for travel balance as arrivals rise by 83.5 pct in first two months of 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 106.8 million euros in February, from 26.3 million euros in January, according to Bank of Greece (BoG) data released on Friday. February’s balance was 94.6 percent higher from the 54 million euros registered in February 2022. Higher than the 5.4 million

    13%