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Lending to corporates drives credit drop of 6.8 pct YoY in Apr
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in April, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed. The net lending flow was negative by 1.22 billion euros after an inflow of 2.41 billion
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Deposits fall marginally in April as rise for households offsets business drop
EconomyMacroeconomyPrivate sector deposits dropped marginally in April, with a net outflow of 66 million euros, after a rise of 2.08 billion euros in March, according to the latest Bank of Greece (BoG) figures released on Tuesday. The annual growth in April was 5.8 percent year on year (YoY), from 5.4 percent
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Q1 GDP growth slows to 0.2 pct QoQ as investments drop
EconomyMacroeconomyin the final budget assumptions. The Bank of Greece (BoG) also sees 2026 growth at 1.9 pct. The European
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Despite slowdown to 5.2% YoY in Q1, property prices at all-time high
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece decelerated in the first quarter of 2026, increasing by 5.7 percent year-on-year (YoY) from 8.3 percent in Q4 2025, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown from the growth peak in Q1 2023, when
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Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience
EconomyMacroeconomyGreece’s current account narrowed in April to a deficit of 1.39 billion euros, from 2.34 billion euros in the previous month, Bank of Greece (BoG) data released on Friday showed. In April 2025, the balance showed a deficit of 2.35 billion euros. The Bank of Greece notes that this is mainly due
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Strong arrivals push travel balance up 58.5 pct by April
EconomyMacroeconomyGreece's travel balance recorded a surplus of 735.9 million euros in April, compared to 409.6 million euros in March, according to data released by the Bank of Greece (BoG) on Monday. The April balance was 5.5 percent higher than the 697.3 million euros recorded in April 2025. Receipts
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Corporations at forefront of 5.53 bln deposit inflow in May
EconomyMacroeconomyPrivate sector deposits rose sharply in May, with a net inflow of 5.53 billion euros, after a minor drop of 66 million euros in April, according to the latest Bank of Greece (BoG) figures released on Monday. The annual growth in May was 7.8 percent year on year (YoY), from 5.8 percent
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Loans to businesses keep credit growth at 7.4% YoY in May
EconomyMacroeconomyCredit expansion in the Greek private sector remained strong in May, rising by 7.4 percent year-on-year (YoY), from 6.8 percent the previous month, Bank of Greece (BoG) figures released on Monday showed. The net lending flow was positive by 1.32 billion euros after an outflow of 1.22 billion euros
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Record travel receipts and narrower trade deficit reflected in current account up to May
EconomyMacroeconomyGreece’s current account deficit narrowed in May to 960.2 million euros, from 1.39 billion euros in the previous month, Bank of Greece (BoG) data released on Tuesday showed. In May 2025, the balance showed a deficit of just 3.6 million euros. The Bank of Greece notes that this is mainly due
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Tourism shows resilience despite geopolitical uncertainty as May arrivals and revenues rise
EconomyMacroeconomyGreece's travel balance recorded a surplus of 2.02 billion euros in May, compared to 735.9 million euros in April, according to data released by the Bank of Greece (BoG) on Wednesday. The May balance was 10.2 percent higher than the 1.84 billion euros recorded in May 2025. Receipts for the month
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