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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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Travel receipts up by 10.5 pct YoY in Aug on back of 7.5 mln arrivals in
EconomyMacroeconomyGreece's travel balance recorded a surplus of 4.15 billion euros in August, compared to 4.18 billion euros in July, according to data released by the Bank of Greece (BoG) on Wednesday. The August balance was 8.4 percent higher than the 3.83 billion euros recorded in August 2024. Receipts
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Corporate deposits propel savings increase to 208 bln in Sep
EconomyMacroeconomyThe Greek banking system’s private sector deposits rose strongly in September, with a net increase of 2.65 billion euros, after a rise of 2.05 billion euros in August, according to the latest Bank of Greece (BoG) figures released on Monday. The annual growth in September was 5.5 percent year
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Business loans drive credit growth of 10.7 pct in Sep
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong in September, rising by 10.7 percent year-on-year (YoY), virtually unchanged from the previous month, Bank of Greece (BoG) figures released on Monday showed. The net lending flow was positive by 2.19 billion euros after an inflow
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Current account deficit improves significantly in 9M, falling to 7 bln
EconomyMacroeconomyGreece’s current account recorded a deficit of 408.8 million euros in September, from a surplus of 1.1 billion euros in August, Bank of Greece (BoG) data released on Thursday showed. In September 2024, the balance showed a deficit of 486 million euros. The Bank of Greece notes
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Travel receipts drop by 3.6 pct YoY in Sep, but still on course for record year
EconomyMacroeconomyGreece's travel balance recorded a surplus of 3.14 billion euros in September, compared to 4.15 billion euros in August, according to data released by the Bank of Greece (BoG) on Monday. The September balance was 6.7 percent lower than the 3.36 billion euros recorded in September 2024. Receipts
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Property prices continue to climb in Q3, reaching record high
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece was broadly stable in the third quarter of 2025, increasing by 7.7 percent year-on-year (YoY) from 7.6 percent in Q2 2025, Bank of Greece (BoG) data released on Tuesday showed. There has been a gradual slowdown from the growth peak in Q1 2023
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Credit growth slows to 7.8 pct YoY in Oct
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong though it moderated in October, rising by 7.8 percent year-on-year (YoY), from 10.7 percent the previous month, Bank of Greece (BoG) figures released on Thursday showed. The net lending flow was negative by 1.38 billion euros after
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Deposits drop of 2.13 bln in Oct driven by businesses
EconomyMacroeconomyThe Greek banking system’s private sector deposits fell significantly in October, with a net drop of 2.13 billion euros, after a rise of 2.65 billion euros in August, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth in October was 5.6 percent year on year
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