According to data from the Bank of Greece (BoG), business deposits increased by 1.278 billion euros in March 2024, compared to a decrease of 911 million in the previous month, while household deposits witnessed a rise of 396 million euros in March 2024.
Some of the key points as per the BoG release on Friday were:
I.1 Credit to the general government
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros, compared with a positive net flow of 762 million euros in the previous month; the annual growth rate decreased to 0.7% compared with 1.9% in the previous month.
Ι.2 Credit to the private sector
The annual credit growth rate to the private sector increased to 4.5% from 3.8% in the previous month. The monthly net flow of credit was positive by 1,983 billion, compared with a positive net flow of 904 million euros in the previous month.
Ι.2.1 Credit to corporations
The monthly net flow of credit to corporations was positive by 1,913 billion euros, compared with a positive net flow of 924 billion in the previous month; the annual growth rate increased to 8.0% from 7.1% in the previous month.
Ι.2.2 Credit to sole proprietors and unincorporated partnerships
The monthly net flow of credit to sole proprietors and unincorporated partnerships was positive by 49 million euros, compared with a positive net flow of 1 million in the previous month; the annual growth rate remained unchanged at -0.6% compared to the previous month.
Ι.2.3 Credit to individuals and private non-profit institutions
The monthly net flow of credit to individuals and private non-profit institutions was positive by 21 million euros, compared with a negative net flow of 20 million euros in the previous month; the annual growth rate stood at -1.4% compared with -1.7% in the previous month.
II. Deposits by the domestic economy with the domestic credit institutions
The monthly net flow of total deposits was positive by 957 million, compared with a negative net flow of 1,803 billion in February 2024.
ΙΙ.1 Deposits placed by the general government
In March 2024, deposits placed by the general government decreased by 718 million euros, compared with a decrease of 737 million eurosin the previous month; the annual growth rate stood at -24.5% compared with -10.2% in the previous month.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greece Defines Continental Shelf Limits and Maritime Zones in Landmark EU Document
The Maritime Spatial Planning (MSP) framework represents a comprehensive approach to spatial planning and is crucial for the successful development of a blue and circular economy
EU Praises Greece’s RRF Progress as Revised Recovery Plan Nears Completion
Athens is preparing to submit its revised “Greece 2.0” Recovery and Resilience Plan after Easter, with a slight delay from the initial timeline but with the European Commission’s approval.
Greek €200M 10Y Bond to be Issued on April 16
The 3.875% fixed-interest-rate bond matures on March 12, 2029, and will be issued in dematerialized form. According to PDMA, the goal of the re-issuance is to meet investor demand and to enhance liquidity in the secondary bond market.
German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.
Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.
Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.
Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.
FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.
Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.
Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.
