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

According to data from the Bank of Greece (BoG), private sector deposits recorded a notable drop of €4.787 billion in January. This follows an increase of €5.592 billion in December. Business deposits fell by €3.785 billion in January, surpassing the €3.099 billion increase recorded in December. Household deposits also declined by €1 billion, following a […]

The widening current account deficit was primarily driven by a deterioration in the goods balance and, to a lesser extent, the primary income balance.

According to official data released by the Bank of Greece (BoG) a surge was recorded in Greek deposits,  both household and business, in December of 2024. Figures show that the significant increase was 5.654 billion euros. This is largely attributed to the payment of the Christmas bonus for employees, along with the increased business turnover […]

Governor of the Bank of Greece Yannis Stournaras expressed optimism about the banking sector despite challenges

The Mediterranean country held its position in 2024 on the top five list for German and French tourists, ranking 3rd and 4th respectively, similar to 2023

Asked about Ex-German chancellor Angela Merkel, central banker Stournaras said that 'in the end she played a very significant role in rescuing Greece'

Despite this surge, the average expenditure per visitor decreased by 2.5% compared to last year, standing at €589.5

Stournaras categorically stated that reducing VAT on food will not solve the problem of high prices.

Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery