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Travel receipts rise by 8.8 pct YoY in June, arrivals drop marginally
EconomyMacroeconomyGreece's travel balance recorded a surplus of 2.98 billion euros in June, compared to 1.88 billion euros in May, according to data released by the Bank of Greece (BoG) on Thursday. The June balance was 6.9 percent higher than the 2.79 billion euros recorded in June 2024. Receipts for the month were
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Despite small drop in July, deposits stay above 200 bln mark
EconomyMacroeconomyThe Greek banking system’s private sector deposits dropped in July, with a net decrease of 1.15 billion euros, after a jump of 5.1 billion euros in June, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in July was 5.1 percent year on year (YoY), from 5.3
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Credit to corporations contracts in July, bringing total loans down 1.27 bln MoM
EconomyMacroeconomyThe credit expansion in the Greek private sector remained solid in July, rising by 10.5 percent year-on-year (YoY), unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by 1.26 billion euros after an inflow of 2.74 billion
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
EconomyMacroeconomyof Greece (BoG) sees 2025 growth also at 2.3 pct The European Commission in its latest spring forecasts
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Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece accelerated marginally in the second quarter of 2025, increasing by 7.3 percent year-on-year (YoY) from 7 percent in Q1 2025, Bank of Greece (BoG) data released on Wednesday showed. There has been a gradual slowdown from the growth peak in Q1
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Current account in 938.4 mln surplus for July thanks to services
EconomyMacroeconomyGreece’s current account recorded a surplus of 938.4 million euros in July, from a surplus of 1.19 billion euros in June, Bank of Greece (BoG) data released on Friday showed. In July 2024, the balance showed a surplus of 209.9 million euros. The Bank of Greece notes that this is due
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Tourism on track for new record season as receipts rise by 12.5 pct up to July
EconomyMacroeconomyGreece's travel balance recorded a surplus of 4.18 billion euros in July, compared to 2.98 billion euros in June, according to data released by the Bank of Greece (BoG) on Monday. The July balance was 14.2 percent higher than the 3.66 billion euros recorded in July 2024. Receipts for the month were
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Deposits rise by 2 bln in Aug, reaching new recent high of 205.4 bln
EconomyMacroeconomyThe Greek banking system’s private sector deposits rose in August, with a net increase of 2.05 billion euros, after a drop of 1.15 billion euros in July, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in July was 5.4 percent year on year (YoY), from 5.1
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Credit growth stable at 10.6 pct YoY in Aug
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in August, rising by 10.6 percent year-on-year (YoY), virtually unchanged from the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by 166 million euros after an outflow
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Current account deficit improves significantly, reaching 6.62 bln up to Aug
EconomyMacroeconomyGreece’s current account recorded a surplus of 1.1 billion euros in August, from a surplus of 938.4 million euros in July, Bank of Greece (BoG) data released on Tuesday showed. In August 2024, the balance showed a surplus of 313.5 million euros. The Bank of Greece notes that this is mainly due
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