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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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EP president visit and winding up of rail crash inquiry cast spotlight on rule of law concerns
PoliticsGreek PoliticsAn official visit to Athens by the President of the European Parliament Roberta Metsola gave Prime Minister Kyriakos Mitsotakis an occasion to hit back at the recent resolution passed by European lawmakers expressing concerns about the rule of law in Gr...
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Athens prepares new primary residences proposal after finding common ground with banks
EconomyProgrammeThe Greek government and local banks are reportedly making progress in their discussions about how to replace the Katseli law, which expires at the end of the month, with a new framework for protecting primary residences from foreclosure. The two sides ...
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Growth, not just of the economic variety
Agorastage. Nevertheless, in the journey along the winding, precipitous road towards better days.... One of the less obvious ones involves the media finding a role that lies far from the extremes
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EC report analyses state of play with privatisations as HELPE hits obstacle
EconomyFeaturesday that the EC released its document, it emerged that no binding offers had been received... with Algeria’s Sonatrach after they were shortlisted for the tender. However, in the event, no binding bids... in the international environment that affect the consortia, there were no binding offers submitted
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Greece's antitrust damages initiative comes into force
Legal. It is also noted that decisions of the Greek and EU Competition Authorities finding an infringement... of the competent Greek and EU review courts, are binding before a Greek court trying an action for damages. Final decisions issued in other member states finding an infringement of EU competition law
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Privatisation chief sees gradual progress but revenues remain unclear
Economyof the binding bids for Piraeus Port (OLP) would be set at the end of November or early December... that the deadline for the binding bids for Thessaloniki Port (OLTH) would also be extended by more than a month... to announce the binding bid dates for OLP and OLTH by the end of October. HRADF holds a 74.14 percent stake
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Probe into LAOS leader could spark contest for party's voters
PoliticsGreek Politicsa winding route over the last few years, from making the surprise move to join the interim government
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