
According to data from the Bank of Greece (BoG), private sector deposits recorded a notable drop of €4.787 billion in January. This follows an increase of €5.592 billion in December.
Business deposits fell by €3.785 billion in January, surpassing the €3.099 billion increase recorded in December. Household deposits also declined by €1 billion, following a €2.493 billion rise the previous month.
The overall net monthly flow of deposits was negative by €4.324 billion in January 2025, compared to a positive net flow of €5.243 billion in December 2024.
Deposits from the general government increased by €463 million in January 2025, reversing a €349 million decline in the previous month. The annual growth rate, however, fell to -5.9% from 8.4% in December.
Private sector deposits in Greece recorded a decrease of €4.787 billion in January 2025, compared to a €5.592 billion increase in the previous month. Despite the decline, the annual growth rate rose to 4.8% from 4.4% in December.
Business deposits shrank by €3.785 billion in January, following a €3.099 billion rise in December. The annual growth rate fell to 10.0% from 10.7% in the previous month.
Deposits from non-financial corporations (NFCs) dropped by €3.843 billion, compared to a €2.858 billion increase in December.
Deposits from insurance companies and other financial institutions rose by €58 million, following a €242 million increase in the previous month.
Household and private non-profit organization deposits decreased by €1.002 billion in January, reversing a €2.493 billion increase in December. However, the annual growth rate climbed to 3.1% from 2.4% in the previous month.
Source: tovima.com


Latest News

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.