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EconomyMacroeconomy
Credit contraction at 0.2 pct in October, balance at 156.63 bln Credit contraction in the Greek market came to 0.2 percent in October from 0.5 percent in September, Bank of Greece (BoG) figures showed on Thursday.
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EconomyMacroeconomy
Deposits rise by 643 mln in October Net deposit movements in the Greek banking system were positive by 643 million euros in October, following outflows of 622 million in September, Bank of Greece (BoG) figures revealed on Thursday.
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EconomyMacroeconomy
Travel balance up by 15.3 pct in September Greece’s travel balance rose to 2.63 billion euros in September from 2.28 billion a year ago, Bank of Greece (BoG) data has shown.
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EconomyMacroeconomy
Primary cash balance surplus at 5.56 bln in October Greece’s central government primary cash balance recorded a surplus of 5.56 billion euros in the first 10 months of the year according to figures released by the Bank of Greece (BoG).
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EconomyMacroeconomy
Current account shows surplus of 886.6 bln in September, aggregate figure almost balanced Greece’s current account (C/A) balance came to a surplus of 886.6 million in September, dropping from a surplus of 1.87 billion in August, Bank of Greece (BoG) figures released on Wednesday showed.
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EconomyMacroeconomy
Loan interest drops to 4.59 pct in September The overall weighted average interest rate on all new loans to households and non-financial corporations came to 4.59 percent in September, down 9 basis points (bps) from the rate of 4.68 noted in August, data from the Bank of Greece (BoG) showed on Thursday.
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EconomyMacroeconomy
Credit contraction at 0.5 pct in Sept, balance at 157.28 bln Credit contraction in the Greek market came to 0.5 percent in September from 0.1 percent in August, Bank of Greece (BoG) figures showed on Tuesday.
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EconomyMacroeconomy
Deposits drop by 622 mln in Sept after six months of inflows Net deposit movement in the Greek banking system turned negative by 622 million in September following inflows of 1.02 billion in August, Bank of Greece (BoG) figures revealed on Tuesday.
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EconomyFeatures
Govt proposes property VAT reduction to kickstart home sales The government is taking measures to reduce the VAT on all properties built from 2006 onwards in order to kick-start the country’s stagnant property market.
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EconomyMacroeconomy
Travel balance up by 14.4 pct in August, 8-month receipts show rise of 13.6 pct Greece’s travel balance rose to 3.93 billion euros in August from 3.43 billion a year ago, Bank of Greece (BoG) data has shown. This is equal to an increase of 14.4 percent year-on-year (YoY).