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EconomyBanking
Greek banks eye positive market appetite for bad loan sales Ahead of the EU’s stress tests and improving sentiment, Greece’s banks have begun making further inroads into their plans for reducing bad loans on their books.
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EconomyMacroeconomy
Credit contraction of 0.5 pct in Dec, balance at 154.29 bln Credit contraction in the Greek market came to 0.5 percent in December from 0.2 percent in November, Bank of Greece (BoG) figures showed on Wednesday.
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EconomyMacroeconomy
Deposits rise by 3.65 bln in December Net deposit movement in the Greek banking system were positive by 3.65 billion euros in December, following outflows of 179 million in November, Bank of Greece (BoG) figures revealed on Wednesday.
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EconomyMacroeconomy
November travel receipts drop by 42.9 pct on lower French receipts Greece’s travel balance fell to a surplus of 87.4 million euros in November according to Bank of Greece (BoG) data released on Tuesday, a decline of 42.9 percent compared to the same time last year.
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EconomyMacroeconomy
Current account posts deficit of 1.39 bln in November Greece’s current account (C/A) balance posted a deficit of 1.39 billion euros in November, from a deficit of 673.4 million in October, according to Bank of Greece (BoG) data released on Monday.
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EconomyMacroeconomy
Primary cash balance surplus at 5.56 bln in December Greece’s central government primary cash balance recorded a surplus of 5.56 billion euros in 2019 according to figures released by the Bank of Greece (BoG).
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EconomyMacroeconomy
Travel surplus rises by 12.7 pct in 9M The balance of travel services came to a surplus of 14.10 billion euros for the first nine months (9M) of the year, Bank of Greece (BoG) noted in its travel balance report.
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EconomyMacroeconomy
Overall loan interest rate edges up to 4.34 pct in Nov The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.34 percent in November, up by 2 basis points (bps) from the rate of 4.32 noted in October, data from the Bank of Greece (BoG) showed on Tuesday.
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EconomyMacroeconomy
Credit contraction at 0.3 pct in November, balance at 155.53 bln Credit contraction in the Greek market came to 0.3 percent in November from 0.2 percent in October, Bank of Greece (BoG) figures showed on Friday.
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EconomyMacroeconomy
Deposits drop by 206 mln in November Net deposit movement in the Greek banking system were negative by 206 million euros in November, following inflows of 643 million in October, Bank of Greece (BoG) figures revealed on Friday.