Household deposits rose by approximately €2.5 billion in December 2025, according to data from the Bank of Greece, bringing the annual growth rate to 3.5%. Business deposits increased by €3.8 billion, compared with a rise of €90 million in the previous month, while the annual growth rate accelerated to 9.6% from 8.7%. More specifically, deposits […]
The governor of the Bank of Greece (BoG), Yiannis Stournaras, said the country’s economic growth should not rely solely on private consumption, adding that steady investment flows are required to maintain positive rates. Speaking at the Hellenic Institute of Customer Service (HICS), the central banker covered a wide range of issues related to the domestic […]
Greeks purchased 7,563 gold coins from the Bank of Greece (BoG), including 1,732 in the first quarter, 1,953 in the second, 1,714 in the third and 2,164 in the final quarter, according to data. The figures show that large-scale liquidations of gold sovereign coins continued throughout 2025, with sales once again far exceeding purchases. The […]
Deposits of the general government were up by €485 million in November 2025, compared with a €448 million drop in the previous month
Despite signs of cooling, new-build apartment prices in Athens remain on a steep upward path, having nearly doubled over the past decade. Find out which areas are the most expensive
Germany remained Greece’s largest source market with 5.65 million visitors, up 8.3%, followed by the United Kingdom with 4.68 million (+6.6%).
Trikala’s famed “Mill of the Elves” has emerged as the country’s most popular Christmas park, pushing local occupancy rates to around 90%.
Looking ahead, inflation is expected to fall sharply to 2.1% in 2026, remain largely unchanged at 2.2% in 2027, and then experience a one-off increase to 2.5% in 2028.
Investors can buy or sell gold sovereigns through two channels: the Bank of Greece and Piraeus Bank.
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.
Before the emergence of the euro single currency gold coins, especially the UK sovereigns, were considered as a “hedge” against a depreciating local current (the drachma) and against inflation
The travel balance shows that the average expenditure per trip fell by 7.8%, while inbound travel arrivals increased by 3.6%.
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.
As visitor numbers soar and infrastructure strains, the Bank of Greece warns that the country’s islands must shift from growth to sustainability — with €35 billion in new investments to keep paradise afloat
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.
Greece’s draft 2026 budget banks on doubling investments to drive growth, but EU funding deadlines, a cooling property market, and stubborn inflation pose serious risks
On Thursday, October 2, the price of a gold sovereign coin soared. The Bank of Greece set its selling price at 876.64 euros, with a buying price of 748.18 euros.
BoG Governor Yannis Stournaras cautioned that sudden wage rises risk economic instability, while pointing to falling debt, strong growth and new competition in banking
Overall, the trade balance deficit narrowed, as the reduction in imports exceeded that of exports in absolute terms.