Giannis Stournaras sent a message of vigilance for the Greek Economy despite its positive performance, presenting today his annual Report as governor of the Bank of Greece during its General Assembly. As he specifically stated, “despite the continuous positive assessments of the Greek economy in recent years, the restoration of fiscal balance and the strengthening … Read more
THE European Central Bank it must cut borrowing costs twice before its summer vacation in August and twice more before the end of the year without being swayed by the Fed. This is what the governor of the Bank of Greece, Yannis Stournaras, said in an interview with Bloomberg, pointing out: “We need to start … Read more
After the decline in the growth rate in 2023 to 2% against the 2.3% originally predicted, according to the data recently announced by the ELSTAT, the Central Bank now estimates that this year the country’s GDP will increase by 2.3%, against an initial forecast of 2.5%. However, the Bank of Greece maintains unchanged its forecast … Read more
Property transfers remain on an upward trajectory despite the rally that prices continue to record in the market. The “appetite” of Greeks and foreigners for investments in the Greek real estate market is reflected in the data of AADE which showed that over 400,000 declarations for real estate transfers were submitted to the myPROPERTY platform … Read more
The “rally” of real estate prices continued in the fourth quarter of 2023, as can be seen from the data released by the Bank of Greece (BoG). Based on the available provisional data, it is estimated that in the fourth quarter of 2023 apartment prices (in nominal terms) were on average up by 11.8% compared … Read more
The Governor of the Bank of Greece, Giannis Stournaras, paid a working visit to Cyprus on Friday, at the invitation of the Governor of the Central Bank of Cyprus (CBC), Konstantinos Herodotos, who after the meeting stated that our already close ties are being strengthened and new paths are being opened. for further cooperation in … Read more
TtE and the “radar” of the market · The Bank of Greece returned to trading “obscurity” again. · After Friday’s boom and ex-dividend scenarios, second thoughts have returned. · Perhaps there should be a better information – communication from the University on the subject. · After all, the title is not preferred by short-term traders. … Read more
Policies to accelerate the growth rate of the housing stock should be implemented by the government to ensure more affordable options for those looking for housing. According to the pan-Hellenic apartment price index of the Bank of Greece, from the end of 2017 until the end of the third quarter of 2023, the increase approaches … Read more