Bank of Greece noted that in recent years there has been a significant increase in research and development investments.

The annual growth rate of total financing to the domestic economy rose to 7.8% in September 2025, up from 7.4% in the previous month.

BoG Governor Yannis Stournaras cautioned that sudden wage rises risk economic instability, while pointing to falling debt, strong growth and new competition in banking

Inflation is projected to decline to 2.6% in 2026 and drop further to 2.4% in 2027, according to the central bank’s baseline scenario projections.

According to the report, inflation based on the Harmonized Index of Consumer Prices is expected to continue slowing during the projection period.

Stournaras cited the 2024 OECD report, which shows that 40% of Greek high school students have a bank account and more than one in five use banking or prepaid card products.

Stournaras underscored the need to achieve higher productivity to maintain the standard of living.

A Bank of Greece (BoG) report assesses the country’s financial stability and recovery are at risk from external factors linked to rising geopolitical tensions and the global resurgence of trade protectionism like tariffs. The May 2025 Financial Stability Report highlights significant improvements in the Greek banking sector, as it continued to exhibit robustness in its […]

The BoG notes that inflation in Greece remains driven by rising service costs and unprocessed food prices, while energy shows internal disparities.

Households and private non-profit institutions saw their deposits shrink by 158 million euros in March.

Greece recorded a primary cash surplus of €4.1 billion for the period January to March 2025, a significant increase from the €2.4 billion surplus registered during the same period last year, according to the Bank of Greece (BoG). The data released today by the Bank of Greece revealed that the central government’s overall cash balance […]

The Bank of Greece has reported a decline in private sector deposits for the second consecutive month.

Bank of Greece (BoG) Governor Yannis Stournaras firmly ruled out any discussion regarding the reinstatement of the 13th and 14th salaries, speaking at the conference Ellada Meta VIII, co-organized by Kyklos Ideon (Circle of Ideas) -the Greek think tank- in partnership with the Delphi Economic Forum. The event focused on “Europe, Greece, and the Onslaught […]

The weighted average interest rate for new deposits remained steady at 0.45%.

Inflation in Greece will settle at 2.5% in 2025, and stand slightly over 2% in 2026, according to a projection by the Bank of Greece (BoG). The report estimates the cost of living will record an uptick to 2.5% in 2027. As per the BoG report, inflation in Greece measured by the Harmonized Index of Consumer […]

Travel revenues in Greece were up by 5.4% in December 2024  compared to the same month last year, as Greece remains a popular destination for foreign travelers, according to the Bank of Greece (BoG). Visitors from Germany, Italy and the U.S. made up the bulk of visitors to Greece, while tourists from the EU27 members […]

International financial services firm UBS says the valuation of the stocks of the National Bank of Greece (NBG) remains an appealing prospect for investors based on estimates although they have recovered from the lows of the fourth quarter of last year. The Swiss bank notes that while underlying profitability is expected to decline as interest […]

The public debt-to-GDP ratio is forecast to fall below 150% by 2025, aided by the primary budget surpluses reinforcing the Greek economy even more.

The Bank of Greece (BoG) projects the country’s economy will expand at a higher rate this year over the next 3-year period in a report. The BoG believes the GDP acceleration in 20205 will be buttressed by more rating upgrades from international credit agencies. In more detail, the central bank sees the economy growing by […]

The total financing for the project amounts to €41.9 million