Search
-
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
3% -
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
3% -
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
3% -
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
3% -
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
3% -
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
3% -
Consumption and investments drive Q3 GDP growth of 2 pct YoY
EconomyMacroeconomypct next year. The Bank of Greece (BoG) sees 2025 growth at 2.2 pct The European Commission in its
3% -
Current account deficit still improving in Oct due to trade balance for services, goods
EconomyMacroeconomyGreece’s current account recorded a deficit of 1.09 billion euros in October, from 408.8 million euros in September, Bank of Greece (BoG) data released on Monday showed. In October 2024, the balance showed a deficit of 638.6 million euros. The Bank of Greece notes that this is primarily due
3% -
Tourism sets new record in 2025 with 22.4 bln receipts up to Oct
EconomyMacroeconomyGreece's travel balance recorded a surplus of 1.99 billion euros in October, compared to 3.14 billion euros in September, according to data released by the Bank of Greece (BoG) on Tuesday. The October balance was 8.7 percent higher than the 1.84 billion euros recorded in October 2024. Receipts
3% -
Credit expansion still solid in Nov as it rises by 7.2 pct YoY
EconomyMacroeconomyThe credit expansion in the Greek private sector remained strong though it slightly moderated in November, rising by 7.2 percent year-on-year (YoY), from 7.8 percent the previous month, Bank of Greece (BoG) figures released on Friday showed. The net lending flow was positive by 1.3 billion euros
3%