Bank of Greece

The administrations of the four major Greek banks are ready to press the button for the abolition of interest on all deposit demand products, savings and current accounts.

Housing loans in 2021 made an impressive finale with the amounts of the loan agreements signed in December reaching a high of 7.5 years, with an annual increase of 100%.

According to the official data of the Bank of Greece, the new financing that was contracted in the last month of last year, approached 160 million euros.

Deposits continued their upward race in August, with tourism revenues being the driving force behind the rest of households and businesses in banks.

According to the official data of the Bank of Greece, they have now reached 173.64 billion euros, which is a ten-year record.

Greece's pandemic-battered economy will bounce back even more quickly than its government projects and could return to pre-crisis levels this year, according to Bank of Greece Governor Yannis Stournaras.

The Greek Minister of Tourism, Harry Theocharis, spoke to MEGA about the resumption and the rise of tourism in Greece, during this year. This year's data show that tourism is starting to reach the levels of 2019, despite the obstacles of the pandemic.

The country has done well in tourism this year.

In June 2021, the current account deficit decreased year-on-year, mainly due to an improvement in the services balance and, to a lesser extent, the primary and secondary income accounts, which was partly offset by the deterioration in the balance of goods.

Citigroup has launched its new monthly report on the global economy, upgrading its forecast for growth in Greece in 2021 to 5.3% (from 4.1% previously). However, it limited its forecast for GDP growth in 2022 to 5% (from 6.5% previously), .

By Nikos Hasapopoulos

Christos Pappas of the now defunct far-right Golden Dawn party was no run of the mill cadre of former party leader Nikos Michaloliakos.

He was the self-styled "theoretician" of the group. Even "his own" people referred to him as [top Nazi Hermann] Goering and his parliamentary presence was marked by his outrageous audacity.

The potential threat of the "D" mutation casts a shadow of uncertainty over the Greek economy, although the Ministry of Finance does not appear pessimistic at the moment, maintaining the forecasts for the economy and the course of tourism.

According to the Governor of the Bank of Greece, Giannis Stournara, the forecasts for a rapid recovery of the Greek economy from now on are subject to significant risks related to the evolution of the pandemic nationally and globally.