Bank of Greece Governor Yannis Stournaras warns that state pensions will struggle to provide adequate replacement income in the future, calling for stronger occupational pension funds
Stournaras described AI as a historic technological shift already transforming economies, labor markets, and the operations of central banks.
A new ECB study finds that households scarred by repeated economic crises react more intensely to each new geopolitical shock -- and Greece is the starkest example of this pattern
This day, 98 years ago, marks the birth of the Bank of Greece under the Geneva Protocol, a milestone in the country's monetary history
Despite a record-breaking start to 2026, with arrivals up 38.5% and revenues up 70.7% in January-February, Greek tourism faces growing uncertainty from Middle East tensions, rising costs, and a shrinking booking window
Record gold prices drive mass sell-offs of British gold sovereigns in Greece, with Bank of Greece data showing sales far outpacing purchases amid global economic uncertainty.
Higher spending narrows the headline surplus, though a stronger primary balance points to underlying fiscal stability.
Athens moves to extend Yannis Stournaras’ tenure at the Bank of Greece, underlining confidence in monetary policy and financial stability.
Greece’s tourism sector closed 2025 with a sharp rise in arrivals, as inbound travel jumped 49% in December and increased 5.6% over the full year to 37.98 million visitors, according to data released by the Bank of Greece. Preliminary figures showed the travel balance posted a surplus of 313.2 million euros in December 2025, up […]
With a new increase set for April 1, 2026, most institutions back a moderate rise that would lift the gross monthly minimum wage to about 915 euros, as the government keeps its sights on 950 euros by 2027.
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