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EconomyMacroeconomy
December current account deficit at 1.51 bln and 5.28 bln for 2018 Greece’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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PoliticsGreek Politics
Minister's actions put PM on the spot as politicians' loans stir controversy The 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.
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EconomyMacroeconomy Tourism continues on upward trajectory as latest figures signal record-breaking arrivals Greece’s tourism industry, which weathered the country’s economic crisis relatively well, has remained a strong revenue generator with aggregate figures for the nine-month (9M) period showing that the year already surpassed arrival predictions.
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EconomyMacroeconomy
December deposit inflows hit six-year high of 3.15 bln Net deposit movement in the Greek banking system turned strongly positive in December with inflows of 3.15 billion compared to outflows of 79.4 million in November, Bank of Greece (BoG) figures revealed on Monday.
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EconomyMacroeconomy
Credit contraction at 1.1 pct in Dec, loans to enterprises increase by 1.09 bln MoM Credit contraction in the Greek market came to 1.1 percent in December compared to a contraction of 1.4 percent seen in November, Bank of Greece (BoG) figures showed on Monday.
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EconomyMacroeconomy
Travel balance rises by 73.5 pct in Nov, 9.7 pct in aggregate period Greece’s travel balance grew by 73.5 percent in November following a rise of 21.4 percent in October, Bank of Greece (BoG) data has shown.
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EconomyMacroeconomy
November current account deficit at 1.41 bln as import value outstrips exports Greece’s current account (C/A) balance recorded a deficit 1.41 billion euros in November compared to a deficit of 871.3 million in October, Bank of Greece (BoG) figures showed on Monday.
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EconomyMacroeconomy
Primary cash surplus at 16.19 bln in 2018, 3.18 bln spent on reducing arrears Greece’s central government primary cash balance recorded a surplus of 16.19 billion euros in 2018, Bank of Greece (BoG) figures have shown.
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EconomyMacroeconomy
November deposit inflows stay negative by 79.4 mln for second consecutive month Net deposit movement in the Greek banking system remained negative for a second month in November with outflows of 79.4 million compared to outflows of 345.5 million euros in October, Bank of Greece (BoG) figures revealed on Thursday.
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EconomyMacroeconomy
Credit contraction stays at 1.4 pct in November, loans to enterprises turn positive Credit contraction in the Greek market remained at 1.4 percent in November, unchanged from October, Bank of Greece (BoG) figures showed on Thursday.