This year alone, deposits held by households and businesses in the country will witness a ninth year of continuous increase, following several years of reductions amid an uncertain period punctuated by three bailouts from 2010 to 2015
Bank deposits by the general government dropped by €447 million in October, after rising by €409 million in September.
Speaking during an interview, Greece's central banker, Yannis Stournaras, a member of the ECB Governing Council, said Europe’s economy is 'at a balanced point right now, why cut interest rates?'
Over the January-August 2025 period, the current account deficit decreased by €2.1 billion compared to the same period last year, falling to €6.6 billion.
Overall, the trade balance deficit narrowed, as the reduction in imports exceeded that of exports in absolute terms.
Figure increased by by 1.617 billion euros over the second quarter of 2025
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.
Net financing to Greece’s general government turned positive in July, reaching €509 million, compared with a negative flow of €93 million in June.
Ordinary budget revenue totaled 40.827 billion euros, compared to 37.523 billion euros in the corresponding eight-month period of last year
In May 2025 alone, the current account recorded a small surplus of €196.5 million, an improvement of €2.5 billion compared with May 2024.
The analysis sees a 2.3% GDP growth rate in 2025, followed by 2% in 2026 and 2.1% in 2027, the largest in the Eurozone. It cautions, however, that inflationary pressures will persist.
The primary budget surplus figure of 4.5 billion euros marks a significant improvement over the figure of 77 million euros posted during the corresponding period of 2024
Economic growth in Greece is projected to be 2.3% in 2025, according to the country’s central bank's latest Monetary Policy Report
The boom in short-term rentals such as Airbnb has significantly reduced the availability of properties for long-term leasing, while rental prices continue to climb—even for older properties. The problem is compounded by programs like “My Home 2,” which have contributed to further price hikes without addressing the core issue, namely, the limited supply of housing. […]
Revenue from American tourists visiting Greece dropped significantly in March 2025, marking a whopping 29.8% decline, according to data released by the Bank of Greece (BoG). Travel receipts from the United States dropped to €55.7 million—from €79.3 million in the same month last year. Market experts attribute this sharp decline to repeated statements by President […]
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 […]
Inflation in Greece is projected to settle at 2.9% in 2025, according to the Bank of Greece (BoG). The Bank of Greece’s Fiscal Monitor report underlines that the country’s consumer price index (CPI) is expected to amount to just under 3%, mainly due to persistent inflation in the services sector. According to the forecast, inflation […]
Greece’s current account deficit shrank by €573.2 million compared to the same month in the previous year, reaching €2.5 billion in Feb. 2025, according to the Bank of Greece (BoG). The improvement of Greece’s current account was mainly attributed to a more robust balance of goods and, to a lesser extent, an improved primary income […]
The current account deficit worsened in 2024, increasing by 1.3 billion euros year-on-year, following a significant reduction in 2023.
Greece's current account surplus decreased by 784.3 million euros in January 2025 to total one billion euros