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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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Strong travel receipts in Jan, balance up 157.6 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 234 million euros in January, compared to 313.2 million euros in December, according to data released by the Bank of Greece (BoG) on Tuesday. The January balance was 157.6 percent higher than the 90.8 million euros recorded in January 2025. Receipts
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Deposits continue to slide in Feb, falling to 207.52 bln
EconomyMacroeconomyPrivate sector deposits recorded a further drop during February, with a net outflow of 445 million euros, after a drop of 5.18 billion euros in January, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in February was 5.6 percent year on year (YoY), from
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Lending to corporations keeps annual credit growth steady at 7.4 pct in Feb
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in February, rising by 7.4 percent year-on-year (YoY), from 7.6 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by 1.26 billion euros after an outflow of 2.17 billion
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Tourism season starts strongly in Feb with receipts up 70.7 pct in first two months
EconomyMacroeconomyGreece's travel balance recorded a surplus of 284.8 million euros in February, compared to 234 million euros in January, according to data released by the Bank of Greece (BoG) on Tuesday. The February balance was 220 percent higher than the 89 million euros recorded in February 2025. Receipts
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Deposits rise by 2.13 bln in March, up to 209.75 bln
EconomyMacroeconomyPrivate sector deposits rose in March, with a net inflow of 2.13 billion euros, after a drop of 440 million euros in February, according to the latest Bank of Greece (BoG) figures released on Wednesday. The annual growth in March was 5.4 percent year on year (YoY), from 5.6 percent in the preceding
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Credit growth stable at 7.4 pct YoY in March, led by business loans
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in February, rising by 7.4 percent year-on-year (YoY), from 7.6 percent the previous month, Bank of Greece (BoG) figures released on Wednesday showed. The net lending flow was positive by 2.39 billion euros after an inflow of 1.26 billion
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Current account deficit at 2.34 bln in Mar, up to 6.96 bln in Q1
EconomyMacroeconomyGreece’s current account recorded a deficit of 2.34 billion euros in March, Bank of Greece (BoG) data released on Friday showed. In March 2025, the balance showed a deficit of 3.2 billion euros. The Bank of Greece notes that this is due to improvements mostly in the goods balance and, to a lesser
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Strong Q1 for tourism as receipts rise by 64 pct YoY
EconomyMacroeconomyGreece's travel balance recorded a surplus of 409.6 million euros in March, compared to 284.8 million euros in February, according to data released by the Bank of Greece (BoG) on Monday. The March balance was 137.1 percent higher than the 172.8 million euros recorded in March 2025. Receipts
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