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EconomyMacroeconomy
Business loans drive 7.7% YoY credit growth in June Credit expansion in the Greek private sector remained strong in June, rising by 7.7 percent year-on-year (YoY), from 7.4 percent the previous month, Bank of Greece (BoG) figures released on Monday showed.
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EconomyMacroeconomy
Corporate inflows in June push deposits to highest point since April 2010 Private sector deposits rose strongly in June, with a net inflow of 8.76 billion euros, after a solid rise of 5.31 billion euros in May, according to the latest Bank of Greece (BoG) figures released on Monday.
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EconomyMacroeconomy
Record travel receipts and narrower trade deficit reflected in current account up to May Greece’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.
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EconomyMacroeconomy
Loans to businesses keep credit growth at 7.4% YoY in May Credit 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.
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EconomyMacroeconomy Corporations at forefront of 5.53 bln deposit inflow in May Private sector deposits rose sharply in May, with a net inflow of 5.53 billion euros, after a minor drop of 66 million euros in April, according to the latest Bank of Greece (BoG) figures released on Monday.
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EconomyFeatures
Unlocking inactive properties: How vacant homes distort Greece's property market The Greek real estate market is currently defined by a sharp contradiction: house prices continue to climb rapidly even though a significant portion of the country's housing stock remains empty.
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EconomyMacroeconomy
BoG reports sees resilience in Greek economy, urges focus on further reforms The Bank of Greece released on Tuesday its Monetary Policy Report for 2025-2026. The report outlines a period of significant global instability contrasted with the notable resilience and continued growth of the Greek economy.
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EconomyMacroeconomy
Current account deficit narrows to 1.39 bln in Apr, travel receipts show resilience Greece’s current account narrowed in April to a deficit of 1.39 billion euros, from 2.34 billion euros in the previous month, Bank of Greece (BoG) data released on Friday showed.
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EconomyMacroeconomy
Deposits fall marginally in April as rise for households offsets business drop Private sector deposits dropped marginally in April, with a net outflow of 66 million euros, after a rise of 2.08 billion euros in March, according to the latest Bank of Greece (BoG) figures released on Tuesday.
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EconomyMacroeconomy Lending to corporates drives credit drop of 6.8 pct YoY in Apr Credit expansion in the Greek private sector remained strong in April, rising by 6.8 percent year-on-year (YoY), from 7.7 percent the previous month, Bank of Greece (BoG) figures released on Tuesday showed.