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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

    4%
  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

    4%
  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

    4%
  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

    4%
  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

    4%
  6. 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

    4%
  7. 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

    4%
  8. 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

    4%
  9. How Iran war is reshaping Greece’s economy

    EconomyFeatures

    (BoG) warns that managing the current crisis is “tougher” than the 2021–2022 shock due to the direct... the conflict abates by mid‑2026, the BoG projects growth will slow to 2.0 pct, compared with the 2.4 pct

    4%
  10. Trade deficit to July eased by 17.4 pct to 11.2 billion euros

    EconomyMacroeconomy

    /A) deficit. It should be noted that the latest BoG figures indicated the C/A deficit to July shrank by 98

    3%