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  1. Current account deficit exceeded 20 bln last year, up from 12.27 bln in 2021

    EconomyMacroeconomy

    Greece closed 2022 with a current account deficit of 2.66 billion euros, down from 3.93 billion euros in November 2022, Bank of Greece (BoG) data showed on Monday. In December 2021, the balance... of 639.4 million euros. According to the BoG, mainly due to a deterioration of the secondary income

    15%

  2. Current account deficit narrows to 125.2 mln in Jan on higher exports, moderate fuel impact
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    Greece’s current deficit opened 2023 with a narrow current account deficit of 125.2 million euros, from 2.66 billion euros in December, Bank of Greece (BoG) data showed on Thursday. In January 2022... a deficit of 500.3 million euros. According to the BoG, the balance decreased year‑on‑year, mainly

    15%

  3. Newsletter 401 - 10/11/2023

    Newsletters

    and the disposable income challenge for households. The BoG highlights that there are some early warnings from... been affected as credit has become pricier. The BoG cautions that banks should expect to see

    15%

  4. GDP unchanged on quarterly basis in Q3, up by 2.1 pct YoY

    EconomyMacroeconomy

    . In the latest monetary policy report, published early July, the Bank of Greece (BoG) reiterates its growth.... In a recent interview with Politico the BoG governor said that next year’s estimate was revised down

    15%

  5. Bumper results for banks add to frustration over interest rates, fees

    EconomyBanking

    the Bank of Greece (BoG) shows that between May 2022 and October 2023 the interest rate spread... are offering one of the lowest returns on deposits, also from BoG data for June, with rates for deposits

    15%

  6. Newsletter 434 - 27/09/2024

    Newsletters

    . It is apparent in the BoG research, which uses official data from the Labour Ministry’s Ergani database... in 2016. However, BoG also finds that wages in income brackets above 1,200 per month have barely moved

    15%

  7. Data underlines Greece still has big wage gap to bridge
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    distribution for wage workers between 2016 and 2023. It is apparent in the BoG research, which uses... amounting to 27 pct of the workers, from roughly 17 pct in 2016. However, BoG also finds that wages

    15%

  8. Newsletter 478 - 03/10/2025

    Newsletters

    Golden Visa rushThe latest data from the Bank of Greece (BoG) on non-residents investments in real... compiled by the BoG fell from 98.1 points to 59.1 during that period. By 2017, the coalition

    15%

  9. Falling property FDI raises questions about housing market after Golden Visa rush
    Image: MacroPolis

    EconomyMacroeconomy

    The latest data from the Bank of Greece (BoG) on non-residents investments in real estate underlined the effects that the Golden Visa scheme had on the Greek property market, largely contributing... by the BoG fell from 98.1 points to 59.1 during that period. By 2017, the coalition government led

    15%

  10. Newsletter 501 - 03/04/2026

    Newsletters

    . Despite these measures, the Bank of Greece (BoG) warns that managing the current crisis is “tougher... performance. Under a scenario where the conflict abates by mid‑2026, the BoG projects growth will slow

    15%