Mortgage lending in Greece is recovering after years of decline, with banks launching low-interest products to attract borrowers in their 40s and 50s

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.

Deutsche Bank says the European Central Bank has probably completed its interest rate reductions, with 2% seen as the final rate, though future moves remain possible if inflation trends shift

Bank of America recommends a “buy” on three of the banks, except National Bank, for which it maintains a “neutral” rating.

With Euribor near 2%, banks are offering more attractive loans. In July, average mortgage rates fell to 3.52%—110 bps lower than last year—and competition may push them down further.

After eight consecutive reductions, the European Central Bank is expected to halt rate cuts, stabilizing lending conditions and boosting banks’ income prospects.

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

As European governments prepare to back Palestinian statehood at the UN, Israel signals it may annex up to 82% of the West Bank, escalating tensions in Gaza and drawing criticism from Arab states and international diplomats

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.

Deutsche Bank said it believes the sharp decline in inflation from the 2022–2023 highs has largely run its course.

Interest rates on term deposits in Greece fell sharply in June, easing bank costs but reducing returns for households and businesses

Net financing to Greece’s general government turned positive in July, reaching €509 million, compared with a negative flow of €93 million in June.

If constructed, critics warn, the new settlement threatens to further cut off a portion of the West Bank from East Jerusalem, the proposed capital of any future Palestinian state

The German bank sees strong loan growth and capital performance driving further upside for Greek lenders, despite recent stock market gains

The latest changes, effective 11 August, abolish fees for cash withdrawals from any Greek bank ATM and cap charges at €1.50 for third-party ATMs

Read the full details of the latest banking fee reforms and ATM changes coming into effect on August 11

Corporate deposits increased by €4.403bn in June, compared to an €867mln rise in May. The annual growth rate climbed to 12.0% from 9.8%

Revised law tabled in parliament mandates free ATM withdrawals, sets fee caps, and promotes digital banking amid growing public backlash.

Three suspects have been arrested after allegedly forging documents and using a stand-in to withdraw funds from a deceased woman’s account that had remained untouched for nine years

This marks the fifth time in the past decade that Citi Greece has received the Best Investment Bank distinction in Greece.