EVGENIA TZORTZI

Greek banks made new purchases of bonds and investment assets amounting to 9.3 billion euros in 2023.

National Bank (NBG) is launching a mortgage program for young people in an attempt to respond to their increased housing needs, but also to mobilize the mortgage market, which is sluggish due to low demand.

Greece’s four major banks have until the end of the month to submit their capital plans.

POS transaction service providers are being forced to cut their fees in an attempt to prevent a legislative intervention.

Greek banks estimate that interest rates will remain high, namely between 2.7% and 3% in 2024-2026.

The Bank of Greece is establishing a ceiling on the issue of new mortgages to prevent excessive lending.

Just 260,000 freelancers and self-employed people have so far registered in the system of accepting payments through their account.

Greece continues to have the worst performance in household credit.

The government is considering an Italian model for small-value transactions, seeking an agreement with those involved in the system of issuing and accepting cards to reduce fees.