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Current account deficit widens to 3 bln in Mar, at 4.47 bln in Q1
EconomyMacroeconomyGreece’s current account recorded a deficit of 3 billion euros in March, from a deficit of 2.49 billion euros in February, Bank of Greece (BoG) data released on Wednesday showed. In March 2024, the balance showed a deficit of 2.5 billion euros. The Bank of Greece notes that this is mainly due
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Q1 travel receipts up 4.4 pct YoY, arrivals also on the rise
EconomyMacroeconomyGreece's travel balance recorded a surplus of 220.9 million euros in March, compared to 90 million euros in February, according to data released by the Bank of Greece (BoG) on Thursday. The March balance was 5.6 percent lower than the 233.9 million euros recorded in March 2024. Receipts
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Deposits slide by 795 mln in Apr, dropping to 198.37 bln
EconomyMacroeconomyThe contraction in the Greek banking system’s private sector deposits resumed in April, with a net decrease of 795 million euros, after a 2.41-billion-euro rise in March, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in April was 4.2 percent year on year
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Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in April, rising by 10.9 percent year-on-year (YoY), from 10.3 percent in the previous month, Bank of Greece (BoG) figures released on Friday showed. The net lending flow was negative by 98 million euros after an inflow of 1.95
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Growth in property prices stable at 6.8 pct YoY in Q1
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece slowed marginally in the first quarter of 2025, increasing by 6.8 percent year-on-year (YoY) from an upwards revised 7 percent in Q4 2024, Bank of Greece (BoG) data released on Monday showed. There has been a gradual slowdown from the growth
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Q1 GDP virtually unchanged with just 0.04 pct QoQ growth, investments drop sharply
EconomyMacroeconomythat was published in May, Bank of Greece (BoG) sees 2025 growth also at 2.3 pct The European
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Current account deficit improves to 2.11 bln in Apr, broadly stable in 4M
EconomyMacroeconomyGreece’s current account recorded a deficit of 2.11 billion euros in April, from a deficit of 3 billion euros in March, Bank of Greece (BoG) data released on Friday showed. In April 2024, the balance showed a deficit of 2.5 billion euros. The Bank of Greece notes that this is mainly due
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Solid April for travel receipts, improving balance by 3.5 pct YoY in 4M
EconomyMacroeconomyGreece's travel balance recorded a surplus of 778.6 million euros in April, compared to 220.9 million euros in March, according to data released by the Bank of Greece (BoG) on Monday. The April balance was 16.9 percent higher than the 66 million euros recorded in April 2024. Receipts for the month
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Lending to corporations drives credit growth of 11.3 pct YoY in May
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in May, rising by 11.3 percent year-on-year (YoY), from 10.9 percent in the previous month, Bank of Greece (BoG) figures released on Monday showed. The net lending flow was positive by 518 million euros after an outflow of 98 million
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Deposits resume rise in May, reaching 199.61 bln
EconomyMacroeconomyGreek banking system’s private sector deposits grew in May, with a net increase of 1.22 billion euros, after a 795-million-euro drop in April, according to the latest Bank of Greece (BoG) figures released on Monday. The annual growth in May was 4.7 percent year on year (YoY), from 4.2 percent
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