Foreign arrivals in May rose by 2.5%, while overnight stays from international tourists increased by 2.2%.

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

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 […]

The BoG notes that inflation in Greece remains driven by rising service costs and unprocessed food prices, while energy shows internal disparities.

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 […]

Households and private non-profit institutions saw their deposits shrink by 158 million euros in March.

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 […]

Greece recorded a primary cash surplus of €4.1 billion for the period January to March 2025, a significant increase from the €2.4 billion surplus registered during the same period last year, according to the Bank of Greece (BoG). The data released today by the Bank of Greece revealed that the central government’s overall cash balance […]

The current account deficit worsened in 2024, increasing by 1.3 billion euros year-on-year, following a significant reduction in 2023.

The Bank of Greece has reported a decline in private sector deposits for the second consecutive month.

Greece's current account surplus decreased by 784.3 million euros in January 2025 to total one billion euros

Bank of Greece (BoG) Governor Yannis Stournaras firmly ruled out any discussion regarding the reinstatement of the 13th and 14th salaries, speaking at the conference Ellada Meta VIII, co-organized by Kyklos Ideon (Circle of Ideas) -the Greek think tank- in partnership with the Delphi Economic Forum. The event focused on “Europe, Greece, and the Onslaught […]

The weighted average interest rate for new deposits remained steady at 0.45%.

Inflation in Greece will settle at 2.5% in 2025, and stand slightly over 2% in 2026, according to a projection by the Bank of Greece (BoG). The report estimates the cost of living will record an uptick to 2.5% in 2027. As per the BoG report, inflation in Greece measured by the Harmonized Index of Consumer […]

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 […]

Travel remittances in Greece from the all-important tourism and holiday sector posted a new record in 2024, calculated as reaching 21.7 billion euros in 2024, up from 20.593 billion euros in 2023, according to provisional figures released on Thursday by the Bank of Greece (BoG). The last month of the previous year, December 2024, sees […]

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

The public debt-to-GDP ratio is forecast to fall below 150% by 2025, aided by the primary budget surpluses reinforcing the Greek economy even more.

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 […]