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Property price rise slows to 8.7 pct in 2024, from 13.9 pct jump in 2023
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece slowed further in the last quarter of 2024, increasing by 6.6 percent year-on-year (YoY) from an upwards revised 8.1 percent in Q3 2024, Bank... reached as much as -13 percent at the end of 2012. Old apartments - those more than five years old
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Growth in property prices stable at 6.8 pct YoY in Q1
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece slowed marginally in the first quarter of 2025, increasing by 6.8 percent year-on-year (YoY) from an upwards revised 7 percent in Q4 2024, Bank... reached as much as -13 percent at the end of 2012. Old apartments - those more than five years old
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Property prices rise by 7.3 pct YoY in Q2, index at all-time high again
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece accelerated marginally in the second quarter of 2025, increasing by 7.3 percent year-on-year (YoY) from 7 percent in Q1 2025, Bank of Greece... apartments - those more than five years old - saw their prices increase by 7.6 percent YoY in Q2, from 6.4
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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... a decade of decline that almost reached as much as -13 percent at the end of 2012. Old apartments
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Another solid year for property market as growth reaches 7.8 pct in 2025
EconomyMacroeconomyThe growth in the nominal value of apartments in Greece slightly decelerated in the fourth quarter of 2025, increasing by 7.6 percent year-on-year (YoY) from 8.3 percent in Q3 2025, Bank of Greece..., following a decade of decline that almost reached as much as -13 percent at the end of 2012. Old apartments
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Marginal deposits outflow of 212 million euros in August
EconomyMacroeconomy, time deposits eased 0.7 percent mom to 100.1 billion accounting for 62 percent of total. The monthly.... Savings increased 0.9 percent mom to 44.4 billion (27 percent of total) with inflows of 0.39 billion... of total). Monthly flow stayed positive for the sixth consecutive month with marginal inflows of 0.05
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Deposits down for fourth month in a row as tax obligations rise
EconomyMacroeconomythe 100 billion mark for the first time since December 2012, accounting for 61 percent of total... percent mom to 44.13 billion (27 percent of total) with monthly flow turning negative at 268... increase at 2.8 percent with balances reaching 18.01 billion (11 percent of total). Monthly flow stayed
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General gov't cash surplus rises to 3.54 bln at end of Feb, more than double last year
EconomyMacroeconomypercent of total, followed by hospitals at 887 million accounting for 18 percent of total After a drop... total), followed by long-term bonds (74.52 billion – 23.4 percent of total) and T-Bills (14.98 billion – 4.7 percent of total).
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Piraeus Bank reports net profit of 164.3 mln in Q2
EconomyBankingdeposit rates show there is difference of 35 bps between the front and the total book, suggesting further... 441 branches (26 percent of total) have been shut down over the past 12 months. The bank says it has... at 6.2 billion euros (8 percent of total loans), of which 63 percent is performing and 37 percent
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Wealth in Greece plunged by 170 bln since 2007, report finds
Society(58,900) and Slovakia (33,300) are at the low end of the spectrum. In absolute terms, the total... a net wealth of at least 850,200 euros and make up almost 50 percent of total European wealth, while the bottom half of wealth holders own less than 10 percent of Europe’s total wealth. Households
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