In its latest report submitted to Greek Parliament on Monday, the Bank of Greece estimates that the country’s economy is set to contract by 4.4% to 9.4% this year. According to its…
Tag: Bank of Greece
Sixteen sports personalities and sixteen popular music artists joined forces for “Μουσικές Αγάπης” (Love Music), a challenge by 24Media to raise money for Greece’s healthcare system. In the musical challenge ‘‘The Unplugged…
The Governor of the Bank of Greece Yannis Stournaras, said on Tuesday that he expectes the country’s GDP to contract by 8.0% under the worst-case scenario. Stournaras made the comments during a…
Following the promising data in from 2019 in terms of growth in the economy across most industry sectors not to mention record foreign investment, Greece can expect a slump in growth when…
A Bank of Greece report indicated that Greece occupied the fourth spot in terms of the Mediterranean tourism market, whilst Spain, Italy and Turkey took the first three places, respectively. The report…
The European Bank for Reconstruction and Development (EBRD) said in its autumn economic forecasts report released on Tuesday, that the Greek economy is set to grow by 2% this year and 2.4%…
The Bank of Greece released new data on Monday showing an increase in apartment prices by 6.3% in the first half of 2019, while prices grew by an average annual growth rate…
Greece’s Prime Minister announced the complete removal of the capital controls during Monday’s session in Parliament. The controls restricted the amount of monies citizens could withdraw from their own accounts and had…
Greece’s Finance Ministry has announced that the Mitsotakis government has ready the provisions on the total lifting of the capital controls, approximately 4.5 years after their imposition and expects the green light…
The Bank of Greece in its latest report on Tuesday noted an increase in private sector bank deposits to the tune of 841 million euros. According to the report, bank deposits reached…
The Deutsche Bank and the Bank of Greece forecast a positive climate for Greece in their respective reports on Monday. In its report titled “Greece in 2018: Finally some light at the…
Greece’s economy is on the road to recovery said Bank of Greece Governor Yannis Stournaras on Thursday evening at an event organised by the British Hellenic Chamber of Commerce. According to the…