Apartment prices in the country increased by 8.6% in the first quarter of 2022, according to data from the Bank of Greece. Based on the age of the property, the prices of the new apartments increased by 10.3% and the old ones by 7.4%, while based on the geographical location, the largest increases are located […]
Tag: Bank of Greece (BoG)
Which foreigners have large deposits in Greece
By Leonidas Stergiou The highest deposits from foreigners come from overseas financial centers, according to data from the Bank of Greece. In the first quarter, of customer deposits of 13.9 billion euros, 2.3 billion concerned offshore accounts, which mainly concern foreign shipping companies. The European Investment Bank (1.6 billion euros) is in the next place […]
BoG: Commercial real estate indices are on the rise in 2021
The real estate indices increased in 2021 and in particular the average annual rate of change of office prices high standards for the country as a whole amounted to 1.8% of office rents to 3.7%, as announced today by the Bank of Greece. At the same time, the average annual rate of change of store […]
BoG: Unchanged interest rate on deposits, increased in new loans
The weighted average interest rate on new deposits remained unchanged at 0.04% in April 2022, while the weighted average interest rate on new loans increased to 4.14%, the Bank of Greece announced today. The interest rate margin between new deposits and loans increased to 4.10 percentage points. The weighted average interest rates of all existing […]
BoG: The total value of insurance assets decreased by 2.71% in the first quarter
The total value of assets of insurance companies decreased by 2.71% and amounted to 20,046 million euros compared to 20,604 million euros in the previous quarter, as announced today by the Bank of Greece. Insurance technical provisions decreased by 638 million euros and amounted to 14,506 million euros compared to 15,144 million euros in the […]
Lack of executives and cost of borrowing the two thorns of small and medium
By Leonidas Stergiou Finding suitable staff, with qualifications and experience, but also the high cost of financing are two of the biggest problems faced by small and medium enterprises in Greece, as stated in a speech on Friday by the Governor of the Bank of Greece Mr. Giannis Stournaras, in ΕΣΕΕ. In fact, the latest […]
BoG: Private sector deposits increased by € 1.35 billion in April
The annual rate of change of the total financing of the domestic economy was 7.6% in April 2022 from 9.2% in the previous month, as announced today by the Bank of Greece. At the same time, the annual rate of change of total deposits amounted to 5.7%, from 6.8% in the previous month. At the […]
Why alarm for new red loans
By Leonidas Stergiou The Deputy Governor of the Bank of Greece, Mrs. Christina Papakonstantinou, raised the issue of the risk of creating new red loans less than a week after the publication of the Financial Stability Report. As she said in a speech last week, there are signs of an increase in red loans and […]
BoG: Over 400% jump in travel receipts in March
Travel receipts jumped by 404.3% in March 2022 and by 342.2% for the period January-March 2022, according to data from the Bank of Greece. The travel balance showed a surplus of 77 million euros in March 2022 and 200.8 million euros in the first quarter of 2022. Incoming travel traffic increased by 318.9% in March […]
Open Data: What it is and who it concerns – The BoG initiatives
It is not uncommon for scientists, professionals and citizens to search from multiple sources, not always easily accessible, various data that are useful to them either in the context of their work, in the context of investment and other decisions or simply in terms of information. One of the simplest examples is the information that […]