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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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Latest BoG report sees sustained growth, range of challenges
EconomyMacroeconomy, outperforming the euro area average. Growth was driven mainly by private consumption and net exports
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Households drive Nov deposits rise as total reaches 207 bln
EconomyMacroeconomyThe Greek banking system’s private sector deposits rebounded in November, with a net rise of 1.03 billion euros, after a drop of 2.14 billion euros in October, according to the latest Bank of Greece (BoG) figures released on Friday. The annual growth in November was 4.9 percent year on year (YoY
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Private sector deposits end 2025 at highest level since summer 2010
EconomyMacroeconomyThere was a significant movement in the Greek banking system’s private sector deposits during December, with a net rise of 6.33 billion euros, after an increase of 1.03 billion euros in November, according to the latest Bank of Greece (BoG) figures released on Thursday. The annual growth
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Government bets on big energy headlines while pledging discipline at the pump
PoliticsGreek Politics20 years ago to now producing more than half from wind and solar, becoming a net electricity
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Scope leaves 'BBB' rating unchanged, outlook remains positive
EconomyMacroeconomy, and external imbalances, including recurring current-account deficits, a large negative net
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Wildfires and pandemic set political agenda as parties prepare for return to business
PoliticsGreek PoliticsThe suppression of the previous week’s catastrophic wildfires and the traditional end of the Greek summer holiday season is giving the country’s political forces an opportunity to regroup and prepare the agenda for the return to business. For the government this means expediting the support package
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Two more parties prepare to step onto overcrowded Greek political stage
PoliticsGreek PoliticsThe fragmentation of Greek politics shows no sign of abating: The creation of another two parties – on opposite sides of the political spectrum – has been announced. Former cabinet secretary Takis Baltakos said on Tuesday he would launch a right-wing pa...
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Much ground to cover as Greece, lenders prepare to resume talks
PoliticsGreek PoliticsGreece and its lenders are due to resume on Saturday negotiations aimed at agreeing a set of reforms that could unlock further funding but there are doubts about whether an agreement could be reached soon. The European Commission confirmed on Friday tha...
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Greek ministers prepare Israel visits in bid to further relations
PoliticsForeign PolicyTwo Greek ministers are due to visit Israel shortly as the SYRIZA-Independent Greeks coalition continues to attempt to bolster relations with Tel Aviv. Foreign Minister Nikos Kotzias is expected to arrive to Tel Aviv on July 6 for a two-day visit and De...
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