Household deposits fell by 336 million euros in May, according to official data from the Bank of Greece. On the other hand, the corresponding deposits of companies increased by 1.647 billion euros
In particular, deposits of households and private non-profit institutions decreased by 336 million euros in May 2022, compared to an increase by 991 million euros in April, while the annual rate of change decreased to 4.0% from 4.3% in April.
Company deposits
In May 2022, corporate deposits increased by 1,647 million euros, compared to an increase of 359 million euros in the previous month, while the annual rate of change increased to 14.3% from 10.8% in the previous month. In particular, deposits from non-financial corporations increased by 1,488 million euros, compared to a decrease of 273 million euros last month. Deposits from insurance companies and other financial institutions rose by 159m euros, up from 632m euros last month.
Private sector
In May 2022, private sector deposits increased by 1,311 million euros, compared to an increase of 1,350 million euros in the previous month, while the annual growth rate increased to 6.3% from 5.8% in the previous month.
Overall, the monthly net flow of total deposits was positive by 1,263 million euros, compared to a positive net flow of 1,531 euros million in April 2022.
General government
In May 2022, general government deposits decreased by 48 million euros, compared to an increase of 181 million euros in the previous month, and the annual rate of change decreased to 2.2% from 3.0% in the previous month.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
The ‘Hot Spots’ in Greece for Holiday Properties
New holiday home projects are emerging across Crete
Bank of Greece Governor Rules Out 13th and 14th Salaries
Regarding the European Central Bank’s next moves on interest rates, he indicated that he does not foresee significant changes in monetary policy for the time being
Trump-Putin Call on Ending Ukraine War Set for Tuesday
Trump announces he'll discuss a potential Ukraine-Russia ceasefire with Putin on Tuesday. The U.S. President is cautiously hopeful talks can end the Ukraine war after positive U.S.-Russia negotiations in Moscow.
Newly Appointed Dep. Development Minister Aristos Doxiadis Resigns
His resignation has been accepted by the Prime Minister, and his replacement is expected to be announced in the coming days
Metropolitan Ioannis of Korce New Archbishop of Albania
Following the announcement of the election, church bells rang joyfully in Orthodox churches across Albania
Greece Faces Renewed Fears of Water Crisis Ahead of Summer 2025
Following a prolonged drought that began in 2024, fears of a water crisis highlight the urgent need for infrastructure improvements
Harvard, Yale, Columbia, and More Seek Collaboration with Greek Unis
Greece's former Minister of Education Kyriakos Pierrakakis announces an €82 million funding boost to support the partnerships
Greek Government Reshuffle Brings in More Young Technocrats
Greek PM Mitsotakis has brought in younger leaders and technocrats in a bid to accelerate the government's efforts at modernization and efficiency, according to New Democracy insiders
Greece’s New Government Members Sworn in at Presidential Mansion
Greece's new government members were sworn in on Saturday morning and head straight to work through the first meeting of the new cabinet.
Moody’s Upgrades Greece to Investment Grade, Ending Crisis Era
The rating agency raised Greece’s long-term credit rating to Baa3 from Ba1, with a stable outlook.
