Bank of Greece
Tourist Season in Greece Kicks Off Earlier Than Ever
The tourist season opened in Greece on Saturday earlier than ever with the first charter flights carrying British tourists arriving at Rhodes. The first international flight from London's Heathrow landed at midday on Saturday, followed by one from Gatwick airport...
Tourism Receipts in Greece Rise to Pre-Pandemic Levels
The Bank of Greece reported on Wednesday that receipts from tourism in 2022 surpassed initial forecasts by 2.6 billion euros, reaching 17.6 million. Total travel revenues in 2022 did not exceed those of the last full year before the pandemic,...
Speaking English Using Only Greek Words: Zolotas’ Historic Speech
Many Greeks recall the speeches in English — peppered with Greek-origin words and phrases — given by economist and politician Xenophon Zolotas in the late 1950s. Zolotas was director of the Bank of Greece when he appeared in front of...
Real Estate, Golden Visa Demand Skyrocket in Greece
The Golden Visa program of Greece is the most popular in Europe, as rich non-EU citizens are lining up to get theirs for a minimum investment of 250,000 euros ($244,300) that will be doubled. According to a recent survey provided...
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
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.
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
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.
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
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.