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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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Travel receipts for 2025 break new record at 23.63 bln as visitors approach 38 mln
EconomyMacroeconomyGreece's travel balance recorded a surplus of 313.2 million euros in December, compared to 74.7 million euros in November, according to data released by the Bank of Greece (BoG) on Tuesday. The December balance was 83.5 percent higher than the 74.7 million euros recorded in December 2024. Receipts
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Sharp drop in corporate deposits drives 5.18-bln-euro drop in Jan
EconomyMacroeconomyThere was a significant movement in the Greek banking system’s private sector deposits during January, with a net drop of 5.18 billion euros, after a jump of 6.33 billion euros in December, according to the latest Bank of Greece (BoG) figures released on Thursday. December has a strong seasonal
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Annual credit growth stays stable at 7.6 pct in Jan
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in January, rising by 7.6 percent year-on-year (YoY), from 7.9 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by 2.14 billion euros after an inflow of 3.88
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GDP grew by 0.8 pct QoQ in Q4, 2025 real growth at 2.1 pct
EconomyMacroeconomynext year. The Bank of Greece (BoG) sees 2025 growth at 2.2 pct. The European Commission in its
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Another solid year for property market as growth reaches 7.8 pct in 2025
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece slightly decelerated in the fourth quarter of 2025, increasing by 7.6 percent year-on-year (YoY) from 8.3 percent in Q3 2025, Bank of Greece (BoG) data released on Thursday showed. There has been a gradual slowdown from the growth peak in Q1
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Jan current account deficit at 1.29 bln, goods and services balances improve
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.29 billion euros in January, from 3.86 billion euros in December, Bank of Greece (BoG) data released on Monday showed. In January 2025, the balance showed a deficit of 873.4 million euros. The Bank of Greece notes that this is mainly due
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