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  1. Credit growth edges up to 1.6 pct in Mar, led by rise in business loans
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    Credit movement in the Greek private sector accelerated slightly to 1.6 percent year-on-year (YoY) in March, from 1.4 per percent in February, 0.9 percent in January, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion has remained broadly stable after reaching

    3%

  2. Removal of restrictions boosts travel receipts in Mar

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 77 million euros in March, from 63 million euros in February, according to Bank of Greece (BoG) data released on Monday. March’s balance was significantly higher than the 8.3 million euros registered in March 2021, it is also higher than the 32.5

    3%

  3. Deposits grow by 1.35 bln in April, reversing Q1 trend
    Photo via https://flic.kr/p/95a2dS

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in April turned positive to 1.35 billion euros, from a negative flow of 989 million euros in March, and negative movement of 258 million seen in February, based on Bank of Greece (BoG) figures released on Friday. The latest data

    3%

  4. Credit growth at 2.8 pct in Apr, highest in 13 months
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    Credit movement in the Greek private sector accelerated to 2.8 percent year-on-year (YoY) in April, from 1.6 percent in March, and 1.4 percent in February, Bank of Greece (BoG) figures released on Friday showed. The growth in credit expansion had remained broadly stable after reaching a peak of 3.7

    3%

  5. Property prices continue on upward trajectory with 8.6 pct rise in Q1

    EconomyMacroeconomy

    The rise in the nominal value of apartments in Greece slowed slightly to 8.6 percent year-on-year in Q1 of this year, from an upwards revised 9.5 percent in the last quarter of 2021, Bank of Greece (BoG) data released on Tuesday showed. Q4 2021 saw the highest annual increase in property prices

    3%

  6. As restrictions drop away, Apr travel balance beats even pre-Covid levels
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 432.1 million euros in April, from 77 million euros in March, according to Bank of Greece (BoG) data released on Tuesday. April’s balance was significantly higher than the 3.2 million euros registered in April 2021, it is also higher than the 4.9

    3%

  7. Deposit rise of 1.3 bln in May led by corporates as household savings drop
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposit movement in the Greek banking system in May stayed positive at 1.31 billion euros, from 1.35 billion euros in April, and negative movement of 989 million seen in March, based on Bank of Greece (BoG) figures released on Wednesday. The latest two months reversed

    3%

  8. Credit growth accelerates to 3.2 pct in May, led by loans to businesses
    Photo via https://flic.kr/p/2b9vcaC

    EconomyMacroeconomy

    Credit movement in the Greek private sector was steady at 3.2 percent year-on-year (YoY) in May, from 2.8 percent in April, and 1.6 percent in March, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion had remained broadly stable after reaching a peak of 3.7

    3%

  9. Jan-May travel balance of 1.78 bln beats same period in 2019
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece’s travel balance recorded a surplus of 1.19 billion euros in May, accelerating from the 432.1 million euros in April, according to Bank of Greece (BoG) data released on Friday. May’s balance was significantly higher than the 144.7 million euros registered in May 2021. It was also higher than

    3%

  10. Led by lending to corporations, June credit growth of 4.5 pct is highest in a decade
    Photo via https://flic.kr/p/GG7K6F

    EconomyMacroeconomy

    Credit movement in the Greek private sector picked up pace in June, rising by 4.5 percent year-on-year (YoY), from 3.3 percent in May, and 2.8 percent in April, Bank of Greece (BoG) figures released on Wednesday showed. The growth in credit expansion had remained broadly stable after reaching

    3%