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  1. Loans to corporations drive credit expansion of 8.9 pct YoY in Dec
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong in December, rising by 8.9 percent year-on-year (YoY), from 10 percent in the previous month, Bank of Greece (BoG) figures released on Wednesday showed. The net lending flow was positive by 3.05 billion euros after a movement of 1.93

    13%

  2. Current account deficit widens to 15.13 bln in 2024
    By Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account remained in deep deficit in December, widening to 3.6 billion, from 3.15 billion euros in November, Bank of Greece (BoG) data showed on Thursday. In December 2023, the balance showed a deficit of 2.92 billion euros. The Bank of Greece notes that this is mainly due

    13%

  3. Growth of travel receipts in 2024 slows to 5.4 pct as arrivals go past 35 mln-mark
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 149.9 million euros in December, compared to 419.9 million euros in November, according to data released by the Bank of Greece (BoG) on Friday. The December balance was 53.4 percent higher than the 97.7 million euros recorded in December 2023. Receipts

    13%

  4. Private sector deposits fall back below 200-bln-mark in Jan, led by coprorations
    Photo via https://flic.kr/p/MsYXsT

    EconomyMacroeconomy

    The private sector deposits in the Greek banking system started the new year with a sharp decline in January, with a net decrease of 4.79 billion euros, after a 5.59-billion-euro rise in December, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth

    13%

  5. Credit expansion picks up pace in Jan with 10 pct YoY rise
    Photo via https://flic.kr/p/2mWYuuz

    EconomyMacroeconomy

    The credit expansion in the Greek private sector remained strong in January, rising by 10 percent year-on-year (YoY), from 8.9 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by 1.67 billion euros after a positive movement

    13%

  6. Newsletter 453 - 28/02/2025

    Newsletters

    the EU. German visitors lead with 5.33 million visitors. On the assumption of 10 pct tariffs, BoG had

    13%

  7. Q4 GDP rises by 0.9 pct QoQ, taking full-year growth to 2.3 pct
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent for 2024, and 2.5 pct

    13%

  8. Property price rise slows to 8.7 pct in 2024, from 13.9 pct jump in 2023
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed further in the last quarter of 2024, increasing by 6.6 percent year-on-year (YoY) from an upwards revised 8.1 percent in Q3 2024, Bank of Greece (BoG) data released on Thursday showed. There has been a gradual slowdown from the growth

    13%

  9. Current account at 1 bln surplus in Jan, goods deficit at 2.91 bln
    Photo via https://flic.kr/p/ptm7qc

    EconomyMacroeconomy

    Greece’s current account was in surplus in January of 1.02 billion, from a deficit of 3.6 billion euros in December, Bank of Greece (BoG) data showed on Monday. In January 2024, the balance showed a surplus of 1.8 billion euros. The Bank of Greece notes that this is mainly due to a deterioration

    13%

  10. Jan travel balance at 87.5 mln as 30 pct rise in payments offsets receipts increase
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 87.5 million euros in January, compared to 149.9 million euros in December, according to data released by the Bank of Greece (BoG) on Wednesday. The January balance was 24.5 percent lower than the 115.9 million euros recorded in January 2024. Receipts

    13%