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Current account shows deficit of 498.8 mln in September on declining services and oil receipts
EconomyMacroeconomyGreece’s current account (C/A) balance posted a deficit of 498.8 million in September compared to a surplus of 79.7 million euros in August, Bank of Greece (BoG) data showed on Friday.
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Primary cash balance at deficit of 9.04 bln in October
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 9.04 billion euros in the first ten months of the year according to figures released by the Bank of Greece (BoG).
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Credit growth in September up by 2.4 pct as business lending picks up
EconomyMacroeconomyCredit movement in the Greek private sector rose by 2.4 percent in September after an increase of 1.9 percent in August, Bank of Greece (BoG) figures showed on Tuesday.
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Deposits rise by 1.16 bln in September
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 1.16 billion euros in September, up notably from inflows of 421 billion euros in August, Bank of Greece (BoG) figures revealed on Tuesday.
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Travel balance falls by 65.9 pct in August as 10.5 bln in receipts vanish in aggregate
EconomyMacroeconomyGreece’s travel balance came to 1.32 billion euros in August from 3.87 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an decrease of 65.9 percent year-on-year (YoY).
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Current account shows surplus of 79.7 mln in August
EconomyMacroeconomyGreece’s current account (C/A) balance posted a surplus of 79.7 million euros in August compared to a deficit of 874.5 million euros in July, Bank of Greece (BoG) data showed on Wednesday.
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Greek banks look to post-pandemic landscape with ongoing bad loan reductions, moratoria easing
EconomyBankingWith Greece’s coronavirus numbers still climbing, Greece’s banking system is continuing with its bad loan reduction plans and an eventual return to normal operations.
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Primary cash balance deficit at 7.12 bln in Sept
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 7.12 billion euros in the first nine months of the year according to figures released by the Bank of Greece (BoG).
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Deposits rise by 421 mln in August as aggregate growth nearly doubles
EconomyMacroeconomyNet deposit movements in the Greek banking system were positive by 421 billion euros in August, up from inflows of 3.32 billion in July, Bank of Greece (BoG) figures revealed on Friday.
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Credit growth in August up by 1.9 pct
EconomyMacroeconomyCredit movement in the Greek private sector rose by 1.9 percent in August after an increase of 1.5 percent in July, Bank of Greece (BoG) figures showed on Friday.