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Primary cash surplus at 832 mln in February
EconomyMacroeconomyGreece’s central government primary cash balance recorded a surplus of 832 million euros in the first two months of the year, Bank of Greece (BoG) figures have shown.
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Apartment prices up by 2.5 pct in Q4 and 1.5 pct in 2018 as property recovery solidifies
EconomyMacroeconomyThe nominal value of apartments in Greece during the fourth quarter (Q4) of the year showed a rise of 2.5 percent year-on-year (YoY) Bank of Greece (BoG) data showed on Tuesday.
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Foreclosure bill undergoing final adjustments to satisfy creditors
EconomyProgrammeThe government is looking to the Bank of Greece to provide its assessment of the latest version of the draft law for the protection of primary residences from foreclosure so the bill can be tabled in Parliament and voted on this week, ahead of Monday’s Eurogroup.
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Eurosystem funding falls by 1.16 bln in Dec, banknotes increase for fifth month
EconomyMacroeconomyGreek banks’ Eurosystem funding declined by 1.16 billion euros month-on-month (MoM) in December, the Bank of Greece's (BoG) final financial statement for 2018 has revealed.
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Credit contraction at 1.1 pct in Jan, balance at 169.42 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 1.1 percent in January, unchanged from December, Bank of Greece (BoG) figures showed on Wednesday.
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January deposit movement negative by 1.55 bln
EconomyMacroeconomyNet deposit movement in the Greek banking system was negative in January with outflows of 1.55 billion compared to strong inflows of 3.15 billion in December, Bank of Greece (BoG) figures revealed on Wednesday.
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Travel balance falls by 45.6 pct in Dec but rises by 9.6 pct in 2018 as visitors top 30 mln
EconomyMacroeconomyGreece’s travel balance fell by 45.6 percent in December following a rise of 73.5 percent in November, Bank of Greece (BoG) data has shown.
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Primary cash surplus at 735 mln in Jan on expenditure and interest payment rise
EconomyMacroeconomyGreece’s central government primary cash surplus fell by 1.95 billion euros year-on-year (YoY) to 735 million in January, Bank of Greece (BoG) figures showed on Wednesday.
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December current account deficit at 1.51 bln and 5.28 bln for 2018
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 1.51 billion euros in December compared to a deficit of 1.47 billion in November, Bank of Greece (BoG) figures showed on Wednesday.
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Minister's actions put PM on the spot as politicians' loans stir controversy
PoliticsGreek PoliticsThe government is facing fresh accusations of interfering in Greece’s institutions after Alternate Health Minister Pavlos Polakis apparently recorded a telephone conversation with Bank of Greece governor Yannis Stournaras and published the supposed transcript of their conversation.