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  1. Despite rising arrivals, reduced spending per trip leads to 1.7 pct drop in Aug travel receipts
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 4.02 billion euros in August, compared to 3.76 billion euros in July, according to data released by the Bank of Greece (BoG) on Tuesday. August's balance was 1.7 percent lower than the 4.09 billion euros recorded in August 2023. In August 2022

    3%

  2. Boosted by corporations, Sep deposits reach highest since Apr 2011
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system remained in growth in September with a rise of 2.32 billion euros, after a 1.4-billion-euro rise in August, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in September was 3.3 percent year

    3%

  3. Corporate loans lead 6.6 pct YoY growth in lending
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The credit expansion in the Greek private sector decelerated its pace in September, rising by 6.6 percent year-on-year (YoY), from 6.9 percent in the previous month, Bank of Greece (BoG) figures released on Friday showed. The net lending flow was positive by just 1.94 billion euros after a movement

    3%

  4. Current account deficit at 7.67 bln for 9M as goods balance deteriorates
    Image: MacroPolis

    EconomyMacroeconomy

    Greece’s current account was back in deficit in September, widening to 316.5 million, from a 651.3 million euros surplus in August, Bank of Greece (BoG) data showed on Wednesday. In September 2023, the balance showed a deficit of 260.5 million euros. The Bank of Greece notes that this is mainly due

    3%

  5. Travel receipts recover in Sep, up 4.1 pct in 9M to 18.76 bln
    Photo by MacroPolis

    EconomyMacroeconomy

    Greece's travel balance recorded a surplus of 3.58 billion euros in September, compared to 4.02 billion euros in August, according to data released by the Bank of Greece (BoG) on Thursday. August's balance was 9.4 percent higher than the 3.1 billion euros recorded in September 2023. In September

    3%

  6. Credit to corporations leads credit growth of 9.1 pct YoY in Oct
    Photo via https://flic.kr/p/2a8kbGu

    EconomyMacroeconomy

    The credit expansion in the Greek private sector accelerated in October, rising by 9.1 percent year-on-year (YoY), from 6.6 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was positive by 1.88 billion euros after a movement of 1.94

    3%

  7. Deposits drop by 2.26 bln in Oct to 195.51 bln
    Photo via https://flic.kr/p/5Yb76K

    EconomyMacroeconomy

    The net private sector deposits in the Greek banking system contracted in October with a drop of 2.26 billion euros, after a 2.32-billion-euro rise in September, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in October was 3.3 percent year on year (YoY

    3%

  8. Property price growth slows to 7.8 pct YoY in Q3, index near prior all-time high
    Photo by MacroPolis

    EconomyMacroeconomy

    The growth in the nominal value of apartments in Greece slowed in the third quarter of 2024, increasing by 7.8 percent year-on-year (YoY) from an upwards revised 9.4 percent in Q2 2024, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown from the growth peak

    3%

  9. GDP growth slows to 0.3 pct QoQ, investments underwhelm
    Photo by Panayiotos Tzamaros

    EconomyMacroeconomy

    report that was published in October, Bank of Greece (BoG) sees 2024 growth at 2.2 percent, and 2.5 pct

    3%

  10. Current account deficit at 8 bln after 10M as goods deficit widens
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current account remained in deficit in October, widening to 383.2 million, from 316.5 million euros in September, Bank of Greece (BoG) data showed on Friday. In October 2023, the balance showed a deficit of 1.21 billion euros. The Bank of Greece notes that this is mainly due

    3%