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Strong deposit growth of 1.14 bln noted in March
EconomyMacroeconomyNet deposit movement in the Greek banking system turned strongly positive in March, with inflows of 1.14 billion compared to inflows of 59 million in February, Bank of Greece (BoG) figures revealed on Monday.
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Credit contraction at 1 pct in March, balance at 180.34 bln
EconomyMacroeconomyCredit contraction in the Greek market came to 1 percent in March compared to a contraction of 0.9 percent in February according to Bank of Greece (BoG) figures released on Monday.
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Credit standards and demand for corporate, household loans unchanged in Q1
EconomyMacroeconomyCredit standards for both corporate and household loans stayed unchanged from the previous quarter in the first quarter (Q1) of 2018, in line with earlier expectations, the Bank of Greece (BoG) bank lending survey (BLS) showed on Tuesday.
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Travel balance slumps to deficit of 6.9 mln in Feb as payments outpace receipts
EconomyMacroeconomyGreece’s travel balance fell by 135.2 percent year-on-year in February compared to a rise of 3.4 percent in January, Bank of Greece (BoG) data revealed on Monday.
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February current account deficit at 1.29 bln as underlying balances worsen
EconomyMacroeconomyGreece’s current account (C/A) balance recorded a deficit of 1.29 billion in February, deepening from January’s deficit of 585.6 million, Bank of Greece (BoG) figures showed on Friday.
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Eurosystem funding drops by 1.45 bln in March as ELA reduction offsets ECB rise
EconomyMacroeconomyGreek banks’ Eurosystem funding fell by around 1.45 billion euros in March, the Bank of Greece's (BoG) monthly financial statement revealed on Friday.
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Primary cash surplus at 7.72 bln in March on strong underspend
EconomyMacroeconomyGreece’s central government primary cash surplus recorded a surplus of 7.72 billion euros in the first three months of the year, Bank of Greece (BoG) figures showed on Wednesday.
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Tourist numbers increase by 9.7 pct in 2017, cruise visitors decline
EconomyMacroeconomyThe balance of travel services came to a surplus of 12.73 billion euros for the full year in 2017, according to figures released by the Bank of Greece (BoG).
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Banks meet NPE targets in Q4, reduction at highest rate since start of crisis
EconomyMacroeconomyGreek banks succeeded in meeting their non-performing exposure (NPE) reduction target in the fourth quarter (Q4) of 2017 according to the sixth quarterly report on operational targets for NPEs published by the Bank of Greece (BoG) on Thursday afternoon.
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Credit contraction at 1 pct in February on lower household, and corporate lending
EconomyMacroeconomyCredit contraction in the Greek market deepened by 1 percent in February from a contraction of 0.8 percent in January according to Bank of Greece (BoG) figures released on Tuesday.