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Consumption and investments drive Q3 GDP growth of 2 pct YoY
EconomyMacroeconomypct next year. The Bank of Greece (BoG) sees 2025 growth at 2.2 pct The European Commission in its
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Current account deficit still improving in Oct due to trade balance for services, goods
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.09 billion euros in October, from 408.8 million euros in September, Bank of Greece (BoG) data released on Monday showed. In October 2024, the balance showed a deficit of 638.6 million euros. The Bank of Greece notes that this is primarily due
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Tourism sets new record in 2025 with 22.4 bln receipts up to Oct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 1.99 billion euros in October, compared to 3.14 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday. The October balance was 8.7 percent higher than the 1.84 billion euros recorded in October 2024. Receipts
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Credit expansion still solid in Nov as it rises by 7.2 pct YoY
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong though it slightly moderated in November, rising by 7.2 percent year-on-year (YoY), from 7.8 percent the previous month, Bank of Greece (BoG) figures released on Friday showed. The net lending flow was positive by 1.3 billion euros
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Households drive Nov deposits rise as total reaches 207 bln
EconomyMacroeconomyThe Greek banking system’s private sector deposits rebounded in November, with a net rise of 1.03 billion euros, after a drop of 2.14 billion euros in October, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in November was 4.9 percent year on year (YoY
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Current account deficit at 2.08 bln in Nov, falls significantly in 11M
EconomyMacroeconomyGreece’s current account recorded a deficit of 2.08 billion euros in November, from 1.09 billion euros in October, Bank of Greece (BoG) data released on Tuesday showed. In November 2024, the balance showed a deficit of 3.32 billion euros. The Bank of Greece notes that this is primarily due
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Nov data confirms record-breaking year for tourism as 11M receipts reach 23 bln, up 8.9 pct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 505.2 million euros in November, compared to 1.99 billion euros in October, according to data released by the Bank of Greece (BoG) on Wednesday. The November balance was 34.8 percent higher than the 374.8 million euros recorded in November 2024
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Private sector deposits end 2025 at highest level since summer 2010
EconomyMacroeconomyThere was a significant movement in the Greek banking system’s private sector deposits during December, with a net rise of 6.33 billion euros, after an increase of 1.03 billion euros in November, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth
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Credit to corporations drives loans growth for 7.9 pct YoY in Dec
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in December, rising by 7.9 percent year-on-year (YoY), from 7.2 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by 3.88 billion euros after an inflow of 1.3
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Despite sharp increase in Dec, current account deficit improves markedly in 2025 to 14.11 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 3.86 billion euros in December, from 2.08 billion euros in November, Bank of Greece (BoG) data released on Friday showed. In December 2024, the balance showed a deficit of 3.73 billion euros. The Bank of Greece notes that this is primarily due
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