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EconomyMacroeconomy
Credit expansion slows to 0.7 pct in Sep as loans to enterprises lead way Credit movement in the Greek private sector increased by 0.7 percent year-on-year (YoY) in September, from 0.8 percent in August, according to Bank of Greece (BoG) figures released on Wednesday.
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EconomyMacroeconomy
More lost ground made up in Aug as travel surplus nears 3 bln Greece’s travel balance recorded a surplus of 2.97 billion euros in August, from 1.32 billion euros a year ago, when the tourism sector rounded off a rather tentative peak season due to the pandemic outbreak, according to Bank of Greece (BoG) data released on Friday.
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EconomyMacroeconomy
Current account surplus at 1.41 bln in Aug on back of improving travel receipts Greece posted a current account (C/A) surplus of 1.41 billion euros in August, from a surplus of 538.1 million euros in July, according to Bank of Greece (BoG) data released on Thursday.
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EconomyMacroeconomy
Primary cash deficit reduced to 5.72 bln in Sept as revenues climb Greece’s central government recorded a primary cash deficit of 11.96 billion euros up to September, according to figures released by the Bank of Greece on Monday.
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EconomyMacroeconomy
Credit growth slows to 0.8 pct in Aug, lowest for 2021 Credit movement in the Greek private sector increased by an annual 0.8 percent in August, from 1.2 percent in July, Bank of Greece (BoG) figures showed on Monday.
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EconomyMacroeconomy Deposits rise by 1.48 bln in Aug as year to date increase exceeds 10 bln The net private sector deposit movement in the Greek banking system continued to rise in August, increasing by 1.48 billion euros, from 1.84 billion euros in July, based on Bank of Greece (BoG) figures released on Monday.
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EconomyMacroeconomy
July travel surplus of 2.14 bln affirms comeback for tourism sector Greece’s travel balance came to a surplus of 2.14 billion euros in July, from 610.2 million a year ago, when the tourism sector made the first tentative steps after the pandemic outbreak, according to Bank of Greece (BoG) data released on Tuesday.
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EconomyMacroeconomy
Current account turns surplus in July as travel steps up Greece posted a current account (C/A) surplus of 538.1 million euros in July, from a deficit of 1.34 billion euros in June, Bank of Greece (BoG) data showed on Monday.
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EconomyMacroeconomy
Rise of property prices continues with 4.6 pct increase in Q2 The rise in the nominal value of apartments in Greece accelerated to 4.6 percent year-on-year (YoY) in the second quarter (Q2), from an upwards revised 3.5 pct in the first quarter (Q1), according to Bank of Greece (BoG) data released on Thursday.
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EconomyBanking
Hercules APS delivers largest ever quarterly NPE reduction as ratio drops to 21.3 pct in Q2 The Bank of Greece has released the latest data on non-performing loans for the second quarter of the year. It shows the NPE ratio standing at 21.3 pct - a level not seen in several years.