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Primary cash balance at deficit of 34 mln in March
EconomyMacroeconomyGreece’s central government primary cash balance recorded a deficit of 34 million euros in the first three months of the year according to figures released by the Bank of Greece (BoG).
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Eurosystem funding falls by 625 mln in Mar, banknotes in circulation rise by 120 mln
EconomyMacroeconomyGreek banks’ Eurosystem funding declined by 625 million euros month-on-month (MoM) in March, the monthly Bank of Greece's (BoG) financial statement showed on Tuesday.
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Travel balance rises by 9.2 pct to surplus of 13.90 bln in 2018
EconomyMacroeconomyGreece’s travel balance for 2018 recorded a surplus of 13.90 billion euros, increasing by 9.2 percent from a surplus of 12.73 billion euros noted in 2017, according to figures released by the Bank of Greece (BoG).
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Eurosystem funding falls by 825 mln in Feb, banknotes in circulation rise by 50 mln
EconomyMacroeconomyGreek banks’ Eurosystem funding declined by 826 million euros month-on-month (MoM) in February, the Bank of Greece's (BoG) latest monthly financial statement showed.
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Eurosystem funding falls by 1.24 bln in Jan, banknotes in circulation fall below Nov 14 figure
EconomyMacroeconomyGreek banks’ Eurosystem funding declined by 1.24 billion euros month-on-month (MoM) in January, the Bank of Greece's (BoG) final financial statement for January 2019 has revealed.
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Central bank points out signs of recovery in business lending
EconomyThe signs of recovery in the provision of credit to businesses in the Greek economy were presented in Bank of Greece’s (BoG) annual report on Monday.
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BoG underlines progress in NPE reduction but stresses need for systemic solution
EconomyIn its annual report published on Monday, the Bank of Greece (BoG) provided an update regarding Non-Performing Exposures (NPE), which is the major challenge for the domestic banking system and in which the BoG has taken an active role by leading an initiative for a more systematic approach to improving banks’ balance sheets.
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BoG report notes challenges to Greek economy, issues warning over high fiscal targets
EconomyThe Bank of Greece’s (BoG) annual report has outlined a number of challenges and proposals for the Greek economy, and included a downward revised forecast for growth.
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February deposit movement negative by 789 mln
EconomyMacroeconomyNet deposit movement in the Greek banking system was negative by 789 million euros in February compared to outflows of 1.55 billion in January, Bank of Greece (BoG) figures revealed on Thursday.
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Credit contraction at 0.6 pct in Feb, balance at 169.85 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 0.6 percent in February, improving from a contraction of 1.1 percent in January, Bank of Greece (BoG) figures showed on Thursday.