Bank of Greece
Economy
Apartment Prices in Greece Skyrocket
Apartment prices in Greece have skyrocketed, estimated that in the second quarter of 2021 nominal prices increased by an average 4.6 percent
Economy
Greek Economy to Grow by 4.3 Percent in 2021, Says EU
The Greek economy is expected to grow by 4.3 percent in 2021 and by 6 percent in 2022, the European Commission said in its forecast report.
Economy
Bank of Greece Insists on 4.2% Economic Growth for 2021
The Bank of Greece (BoG) said on Monday that economic growth will reach 4.2 percent this year, as it had also forecast in its previous report
Economy
Bank of Greece: Financial System Remained Resilient Through Pandemic
The Greek financial system remained strong throughout the Covid-19 pandemic, the Bank of Greece stated in its Financial Stability Review.
Economy
Bank of Greece Forecasts 4.2% Growth for 2021
The Bank of Greece reiterated a 4.2% growth forecast for 2021, but warned that the Greek economy is facing a large number of bankruptcies
Economy
Greece Set to Raise $3 Billion from 30-Year Bond Issue
Greece's 30-year bond, issued on Wednesday has attracted great demand, the public debt management agency announced.
Business
Greek Economy to Receive Enormous Boost From EU Recovery Plan
The Greek economy will receive a major boost over the coming years from the historic European Union decision to create a recovery fund, titled the "Next Generation EU" plan, agreed upon earlier this month, according to Bank of Greece...
Economy
Greece's Tourism Revenues Plunge Due to Lockdown
The coronavirus lockdown has hit tourism revenues hard, according to data published on Friday by the Bank of Greece.
In the four months between January and April of 2020, the number of tourist arrivals was reduced by 36.1 percent --...
Economy
Worst-Case Scenario for Greece is Eight Percent Recession, Says BoG Chief
Estimates of a ten percent economic contraction this year were excessive, Bank of Greece (BoG) governor Yannis Stournaras said on Tuesday, while noting that he still expected the country’s GDP to shrink by 8.0 percent under the worst-case scenario.
Speaking...
Economy
Bank of Greece Forecasts Zero Growth for 2020
The Greek economy will fall to zero growth this year while it will show a significant divergence from fiscal targets for the year, the Bank of Greece said in its annual report on the Greek economy, presented on Friday.
The...