Bank of Greece

House price rise slowed in Q3

Residential property prices continued to edge higher over the third quarter of the year, as according to figures released by the Bank of Greece on Monday there was a 3.2% annual increase. However, the growth rate slowed for a third consecutive quarter.

Deposits keep rising in pandemic

Bank deposits recorded a new 2.5-billion-euro increase last month, as the economic support measures are helping to strengthen the liquidity of households and enterprises, according to data issued on Thursday by the Bank of Greece. The figures showed that deposits at the end of October amounted to €155.7 billion, up 1.7% in just one month from €153.1 billion at end-September.

Editorial: Risk dispersion

It is by now common knowledge that there is a pressing need to change the productive model of the Greek economy.

That need has been stressed for years by economic analysts as well as in Bank of Greece reports and political parties' platforms.

Yet it always remained a dead letter.

Cabinet meeting discussing pandemic, central banker's appointment, ministry bills

Greece's government was discussing the latest economic and health safety issues relating to the Covid-19 pandemic, the appointment of the Governor of the Bank of Greece and the presentation of seven ministerial bills during a cabinet meeting though teleconference that got under way on Thursday morning.