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Deposits rise by 1.77 bln in June
EconomyMacroeconomyNet deposit movement in the Greek banking system stayed positive by 1.77 billion euros after a smaller increase of 561.6 million euros in May, Bank of Greece (BoG) figures revealed on Wednesday.
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Credit contraction stays at 0.2 pct in Jun, balance at 161.16 bln
EconomyMacroeconomyCredit contraction in the Greek market stayed at 0.2 percent in June, unchanged from May, Bank of Greece (BoG) figures showed on Wednesday.
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Travel balance up by 7.8 pct in May, aggregate visitors edge down 0.9 pct
EconomyMacroeconomyGreece’s travel balance rose to 1.36 billion euros in May from 200.3 million euros in April, Bank of Greece (BoG) data has shown. This reflects an annual rise of 7.8 percent.
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Current account balance shows surplus of 300.6 mln in May
EconomyMacroeconomyGreece’s current account (C/A) balance came to a surplus of 300.6 million in May from a deficit of 1.40 billion euros in April according to Bank of Greece (BoG) figures released on Friday.
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Primary cash balance at deficit of 24 mln in Jun
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 24 million euros in the first six months of the year according to figures released by the Bank of Greece (BoG).
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Travel balance surplus up by 29 pct in Q1 to reach 165 mln
EconomyMacroeconomyThe balance of travel services came to a surplus of 165 million euros for the first quarter (Q1) of 2019 according to figures released by the Bank of Greece (BoG).
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Eurosystem funding rises by 539 mln in June, banknotes in circulation also up
EconomyMacroeconomyGreek banks’ Eurosystem funding rose by 539 million euros month-on-month (MoM) in June according to the monthly Bank of Greece's (BoG) financial statement.
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Fiscal targets and tax cuts on agenda as Staikouras meets Regling
PoliticsGreek PoliticsThe new Greek government is due to hold its first meeting with representatives from the European creditors on Monday as it tries to convince the institutions that it can proceed with its plans for tax cuts without putting the fiscal target at risk.
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Deposits rise by 561.6 mln in May, positive for third month
EconomyMacroeconomyNet deposit movement in the Greek banking system stayed positive by 561.6 million euros in May, following positive inflows of 1.54 billion euros in April, Bank of Greece (BoG) figures revealed on Monday.
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BoG report highlights economic challenges, proposes way forward
EconomyThe Bank of Greece (BoG) published on Monday its Monetary Policy Report for 2018 and 2019, which outlines the areas where there has been significant progress but it also highlights several risks and makes proposals that would free up the country’s potential to accelerate growth.