Greek wealth erosion highlights the risks of cash-heavy savings

Greek households experienced a quiet but significant erosion of wealth between 2021 and 2025 as inflation significantly outpaced the returns on traditional bank savings, according to a new report from Freedom24.

While the Greek economy regained investment grade status and macroeconomic indicators showed strong recovery, an analysis utilising data from the Bank of Greece, the Athens Stock Exchange, and the OECD revealed that the traditional strategy of keeping money in cash-based accounts came...