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Eurosystem funding drops by 464.8 mln in August
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by 464.8 million euros month-on-month (MoM) in August according to the monthly Bank of Greece's (BoG) financial statement.
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Mitsotakis buoyed by poll ratings, boost to growth narrative
PoliticsGreek PoliticsKyriakos Mitsotakis heads to the Thessaloniki Expo this weekend with a spring in his step after his growth narrative, which will play a key role in his speech on Saturday, was seemingly given a thumbs-up from voters as well as words of encouragement from two key figures.
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Q2 rise of 7.7 pct in apartment prices marks 12-year high
EconomyMacroeconomyThe rise in the nominal value of apartments in Greece came to 7.7 percent year-on-year (YoY) in the second quarter (Q2) of 2019 from an upward revised increase of 4.9 percent in Q1, Bank of Greece (BoG) data showed on Monday.
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Credit contraction at 0.1 pct in Jul, balance at 160.33 bln
EconomyMacroeconomyCredit contraction in the Greek market edged down to 0.1 percent in July from 0.2 percent in June, Bank of Greece (BoG) figures showed on Wednesday.
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Deposits rise by 1.60 bln in July
EconomyMacroeconomyNet deposit movement in the Greek banking system stayed positive by 1.60 billion euros in July following an increase of 1.77 billion euros in June, Bank of Greece (BoG) figures revealed on Wednesday.
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Capital controls to be abolished ahead of schedule
EconomyBankingPrime Minister Kyriakos Mitsotakis announced on Monday that the government was moving ahead with the full lifting of the capital controls that have been in place in Greece since the summer of 2015.
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Travel balance rises 15.7 pct in June, aggregate visitors drop 0.5 pct
EconomyMacroeconomyGreece’s travel balance rose to 2.42 billion euros in June from 1.36 million euros in May, Bank of Greece (BoG) data has shown. This reflects an annual rise of 15.7 percent.
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Primary cash balance surplus at 1.52 bln in July
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 1.52 billion euros in the first seven months of the year according to figures released by the Bank of Greece (BoG).
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Current account balance surplus of 874.4 mln in June shows significant yoy improvement
EconomyMacroeconomyGreece’s current account (C/A) balance came to a surplus of 874.4 million in June, improving from a surplus of 300.6 million euros in May according to Bank of Greece (BoG) figures released on Tuesday.
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Eurosystem funding rises by 64.9 mln in July
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by 64.9 million euros month-on-month (MoM) in July according to the monthly Bank of Greece's (BoG) financial statement.